Hudson’s Bay Co. chief executive Helena Foulkes told analysts Thursday that the Toronto-based company’s main Canadian banner recognizes that it put too much emphasis last year on mid-priced products. “I feel very confident that the team has corrected that for the second half of the year. At the Hudson’s Bay division, Foulkes said “there’s probably potentially more labour needed in our top stores — certainly no less — but in our lower-volume stores we see an opportunity on the labour side . “You will see in the second half of the year and in 2020 the impact of those changes because we’re able now to buy better and more effectively,” Foulkes predicted. “We’re also using data to help us understand (where we should) be putting labour in our stores.”ARTICLE CONTINUES BELOW

Source: thestar June 13, 2019 12:10 UTC