Hudson's Bay revenue falls 3% on fewer stores, lower sales at Lord & Taylor
June 13 (Reuters) - Canadian department store operator Hudson's Bay Co HBC.TO on Thursday reported a 3.3% fall in first-quarter revenue on fewer stores and lower sales in its Lord & Taylor unit.
The owner of Saks Fifth Avenue and Lord & Taylor retail chains said earlier this week it was evaluating an offer from Executive Chairman Richard Baker and other shareholders to take the company private for C$1.74 billion ($1.3 billion) in cash.
Total revenue fell to C$2.12 billion ($1.59 billion) from C$2.19 billion, a year earlier.
($1 = 1.3302 Canadian dollars)
(Reporting by Shanti S Nair in Bengaluru; Editing by Shailesh Kuber)