Hudson’s Bay Co. reports solid third quarter

TORONTO & NEW YORK — Hudson’s Bay Company reported third-quarter consolidated sales growth of 94% to $1.9 billion, with same-store sales up 2.7%. Hudson’s Bay, with Lord & Taylor, which form the company’s “Department Store Group,” had a same-store sales increase of 1.7% in the second quarter. Digital sales for the Department Store Group were up 73%.