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Hudson's Bay Company reversed a formidable debt problem in 1987, by shedding non-strategic assets such as its wholesale division and getting completely out of the oil and gas business. HBC also sold its Canadian fur-auction business to Hudson's Bay Fur Sales Canada (now North American Fur Auctions).
Hudson's Bay (French: La Baie d'Hudson), also known as The Bay (French: La Baie), is a Canadian department store chain. It is the flagship brand of the Hudson's Bay Company (HBC), the oldest and longest-surviving company in North America as well as one of the oldest and largest continuously operating companies in the world.
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]
Hudson's Bay Company. The Hudson's Bay Company began a trading post in Yellowknife, Northwest Territories, Canada in 1938 at the height of the first gold rush in the region. Fire destroyed the original building in January 1945, and the HBC rebuilt and reopened this expanded trading post store and warehouse in November 1945.
Fort Albany was the headquarters of the Albany District of the Hudson's Bay Company, which, as of 1830, bordered Severn District to its northwest, Moose District to its southeast, the far western reaches of Upper Canada to its south, Lac La Pluie District to its southwest, and Winnipeg District to its west. [8]
Henry Kelsey (c. 1664 – 1 November 1724) was an English fur trader, explorer, and sailor who played an important role in establishing the Hudson's Bay Company in Canada. He is the first recorded European to have visited the present-day provinces of Saskatchewan and, possibly, Alberta , as well as the first to have explored the Great Plains ...
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