Retail News: S&P cuts Hudson's Bay ratings
April 18, 2002 03:47 PM ET

(Article discusses Hudson's Bay business strategy and environment)

NEW YORK, April 18 - Standard & Poor's today said it lowered its long-term corporate credit and senior unsecured debt ratings on Canadian retailer Hudson's Bay Co. to double-'B'-plus from triple-'B'-minus. The outlook is stable.


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