CEO: Hudson's Bay aims to beat Nordstrom on price

06/19/2013 | Financial Post (Canada)

Nordstrom's planned arrival in Canada next year doesn't faze Hudson's Bay CEO Richard Baker, who said he's confident his department store will compare favorably when it comes to price. "Hudson's Bay is a promotional retailer and every day there is a different kind of exciting promotion going on, and that is what drives our business," he said.

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