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The Hudson's Bay Company (HBC; French: Compagnie de la Baie d'Hudson) is a Canadian holding company of department stores, and the largest and oldest corporation in Canada.. As of December 2024, HBC has a Canadian division responsible for the namesake Hudson's Bay department stores (colloquially The Bay; La Baie in French), and an American division (Saks Global) that includes the full-line ...
It became a flagship store of its successor, The Bay, in 1991 (rebranded to Hudson's Bay in 2013). The building was retrofitted to house the first Saks Fifth Avenue department store in Canada in 2016. The building is the headquarters of the Hudson's Bay Company, which owns both department store chains.
In 1684, Fort Nelson, a fur trading post at the mouth of the Nelson River and the first headquarters of the Hudson's Bay Company, was established at the mouth of the nearby Nelson River. The company built a second fort, York Factory, on the Hayes river, naming it after the Duke of York.
Saks, Inc. was an American holding company founded in 1998 through the merger of Proffitts, Inc. and Saks Fifth Avenue. Before acquisition by the Canadian-founded Hudson's Bay Company in 2013, it held ownership of numerous regional department store chains including Carson's, McRae's, Parisian, and Proffitt's as well as the New York City-based Saks Fifth Avenue.
Hudson's Bay (when it was still branded as The Bay) in Centerpoint Mall, in North York, Toronto, Ontario. The diversification of the Hudson's Bay Company (HBC) became necessary with the decline of fur trade in the latter half of the 19th century, and the Deed of Surrender in which ownership of the North-Western Territory and Rupert's Land was transferred from HBC to the newly established ...
In December 1971, Fidinam announced that the Hudson's Bay Company had signed as the major tenant of the office tower. The other main tenant in the office would be the Workmen's Compensation Board of Ontario. [6] Completed in 1974, the International style office skyscraper has served as the headquarters for the retailer Hudson's Bay Company (HBC).
Fort Victoria began as a fur trading post of the Hudson's Bay Company and was the headquarters of HBC operations in the Columbia District, a large fur trading area now part of the province of British Columbia, Canada and the U.S. state of Washington.
Saks Global was created in 2024 after the Canadian Hudson's Bay Company (HBC) purchased the American Neiman Marcus Group (NMG). [2] [3] [4] The acquisition was finalized in December 2024 and the purchase cost $2.7 billion. [5]