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foot to $170 or $180 by 2016 from $140 in 2012, and $133 in 2011. The same strategy has been in place for longer at Lord Taylor, where the company wants to hit $240 to $250 per square foot in the same period, from $228 in 2012 and $210 in 2011.We think of each one of our stores, in many ways, like a mallMr. Baker said the company is about a third of the way through renovations on its store network.As predicted, the retailer's fourth quarter profit was hurt by the impact of Hurricane Sandy on its Lord Taylor operations, with net earnings from continuing operations of $93.6 million or 81 per share for the 14 weeks ended Feb 2. That was down $5.6 million from the year earlier quarter, when it had earnings of $99.2 million, or 95 per share.Sales at stores open for more than a year, a key measure in retailing known as same store sales, rose 2.1% overall and were up 6.1% at Hudson's Bay stores in Canada and fell 2.9% at Lord Taylor.Hudson's Bay reports wider Q3 loss on Saks acquisition chargesThe Bay is the flagship department store within the Hudson Bay Company. With 90 locations from coast to coast, The Bay is a full line department store chain focused on high fashion merchandise in apparel, accessories and soft home categories. The Bay offers quality merchandise at mid to upper price points accompanied by traditional department store services. Committed to delivering excellent value and consistent, reliable service, Bay stores are located in suburban and urban markets, along with a dominant position in the downtown cores of Canada major cities.Hudson's Bay TSE:HBC shares declined on Wednesday after the company reported a much wider third quarter loss due to hefty acquisition related costs tied to its US$2.9 billion purchase of Saks.For the three months to November 2, the company reported a net loss from continuing operations of $124.9 million, or $1.04 per share, compared to a net loss of $12.5 million, or 12 cents per share.The department store retailer said that "normalized" net earnings which exclude some $133.8 million in special items during the latest period including $123.1 million tied to acquisition related finance costs and expenses were $8.9 million, or