Some disturbing news ab out HBC's German division Kaufhof. The factor Euler Hermes has reduced credit by 80%. It makes it difficult fvor the company to buy seasonal goods. Speculation of a sale abounds.
from Forbes Real Time http://www.forbes.com/sites/walterloeb/2017/07/28/what-is-the-crisis-at-hudsons-bay-company-german-division/
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