Hudson's Bay Company
The '''Hudson's Bay Company (HBC'''; ) is a Canadian retail business group. A fur trading business for much of its existence, it became the largest and oldest corporation in Canada, before evolving into a major fashion retailer, operating retail stores across both the United States and Canada. The company's namesake business division is Hudson's Bay, commonly referred to as The Bay ( in French).After incorporation by English royal charter in 1670, the company was granted a right of "sole trade and commerce" over an expansive area of land known as Rupert's Land, comprising much of the Hudson Bay drainage basin. This right effectively gave the company a commercial monopoly over that area. The HBC functioned as the ''de facto'' government in Rupert's Land for nearly 200 years until the HBC relinquished control of the land to Canada in 1869 as part of the Deed of Surrender, authorized by the Rupert's Land Act 1868. At its peak, the company controlled the fur trade throughout much of the English- and later British-controlled North America. By the mid-19th century, the company evolved into a mercantile business selling a wide variety of products from furs to fine homeware in a small number of sales shops (as opposed to trading posts) across Canada. These shops were the first step towards the department stores the company owns today.
In 2006, Jerry Zucker, an American businessman, bought HBC for US$1.1 billion. In 2008, HBC was acquired by NRDC Equity Partners, which also owned the upmarket American department store Lord & Taylor. From 2008 to 2012, the HBC was run through a holding company of NRDC, Hudson's Bay Trading Company, which was dissolved in early 2012. HBC's U.S. headquarters are in Lower Manhattan, New York City, while its Canadian headquarters are in Toronto. The company spun off most of its European operations by August 2019 and its remaining stores there, in the Netherlands, were sold by the end of 2019.
Until March 2020, the company was listed on the Toronto Stock Exchange under the symbol "HBC.TO" until Richard Baker and a group of shareholders took the company private. HBC is, the majority owner of eCommerce companies Saks Fifth Avenue and Saks Off 5th, both established as separate operating companies in 2021. HBC wholly owns SFA, the entity that operates Saks Fifth Avenue's physical locations; O5, the operating company for Saks Off 5th stores; The Bay, an eCommerce marketplace and Hudson's Bay, the operating company for Hudson's Bay's brick-and-mortar stores. In July 2024, HBC announced that it would acquire the Neiman Marcus Group for US$2.65 billion and fold it into the new flagship entity Saks Fifth Avenue Global.
HBC owns or controls approximately of gross leasable real estate through its real estate and investment arm, HBC Properties and Investments, established in October 2020. Provided by Wikipedia
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Minutes.
Published 1942“…Hudson's Bay Company…”
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Reasons humbly offered in behalf of the Hudson-Bay Company, that they may be exempted in the clause that will be offer'd for suppressing the insurance offices
Published 1711“…Hudson's Bay Company…”
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The Hudson's Bay Company, will expose to sale by the candle at their house in Fenchurch-Street, on Thursday the 8th of December 1763, at ten of the clock in the forenoon, the follo...
Published 1763“…Hudson's Bay Company…”
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A list of the adventurers of England trading into Hudson's Bay and of their respective shares in the general stock, November 1, 1675
Published 1675“…Hudson's Bay Company…”
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A list of the names and stocks of the Governour and Company of the Adventurers of England Trading to Hudsons-Bay
Published 1673“…Hudson's Bay Company…”
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Narrative of the discoveries on the north coast of America : effected by the officers of the Hudson's Bay Company during the years 1836-39 / by Simpson, Thomas, 1808-1840
Published 1843“…Hudson's Bay Company…”
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Hudson's Bay Company : incorporated 2nd May 1670 : a brief history.
Published 1934“…Hudson's Bay Company…”
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Influences of the Hudson's Bay Company on the native cultures of the Colvile District / by Chance, David H.
Published 1973“…Hudson's Bay Company…”
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A list of the names and stocks of the Governour and Company of the Adventurers of England Trading to Hudsons-Bay
Published 1673“…Hudson's Bay Company…”
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A list of the adventurers of England trading into Hudson's Bay and of their respective shares in the general stock, November 1, 1675
Published 1675“…Hudson's Bay Company…”
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Reports and letters, 1836-1838 : of Herbert Beaver, chaplain to the Hudson's Bay Company and missionary to the Indians at Fort Vancouver / by Beaver, Herbert, 1800-1858
Published 1959“…Hudson's Bay Company…”
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Charters, statutes, orders in council &c. relating to the Hudson's Bay Company
Published 1931“…Hudson's Bay Company…”
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Minutes of the Hudson's Bay Company 1671-1674 /
Published 1968“…Hudson's Bay Company…”
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Minutes of the Hudson's Bay Company.
Published 1942“…Hudson's Bay Company…”
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Reasons humbly offered in behalf of the Hudson-Bay Company, that they may be exempted in the clause that will be offer'd for suppressing the insurance offices
Published 1711“…Hudson's Bay Company…”
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Moose Fort journals, 1783-85 /
Published 1954“…Hudson's Bay Company…”
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Northern Quebec and Labrador journal and correspondence, 1819-35 / by Davies, K. G. (Kenneth Gordon)
Published 1963“…Hudson's Bay Company…”
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Letters from Hudson Bay, 1703-40 /
Published 1965“…Hudson's Bay Company…”
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Saskatchewan journals and correspondence : Edmonton House 1795-1800 ; Chesterfield House 1800-1802 /
Published 1967“…Hudson's Bay Company…”
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The case of the Hudson's-Bay Company
Published 1749“…Hudson's Bay Company…”
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