What does HBC do now?
A fur trading business for much of its existence, HBC now owns and operates retail stores in Canada and the United States. It had been a member of the International Association of Department Stores from 2001 to 2005.
Where is the head office of HBC located?
HBC's head office is currently located in Brampton, Ontario. Until March 2020, the company was listed on the Toronto Stock Exchange under the symbol "HBC.TO".
How many H-E-B locations are there in the United States?
There are 319 H-E-B locations in the United States as of September 05, 2021. The state with the most number of H-E-B locations in the US is Texas, with 319 locations, which is 100% of all H-E-B locations in America. Due to COVID-19, some of the locations may be temporarily closed. Map of H-E-B locations in the United States in 2021
When did Zellers merge with HBC?
The HBC acquired Towers Department Stores in 1990, combining them with the Zellers chain, and Woodward's stores in 1993, converting them into Bay or Zellers stores. Kmart Canada was acquired in 1998 and merged with Zellers.
What stores does HBC own?
Hudson's Bay.Saks Fifth Avenue.Saks Off 5th.
Where was the HBC located?
In 1821, HBC merged with its most successful rival, the Montreal-based North West Company. The resulting commercial enterprise now spanned the continent — all the way to the Pacific Northwest (modern-day Oregon, Washington, and British Columbia) and the North (Alaska, the Yukon, Northwest Territories and Nunavut).
Who owns HBC now?
NRDC Equity PartnersHudson's Bay Company / Parent organizationNRDC Equity Partners is an American private investment firm focused on retail, real estate, and consumer branded businesses. Wikipedia
What is the oldest company in Canada?
On May 2, 1670, King Charles II of England issued the Charter of the Hudson's Bay Company. Now, 350 years later, the fur company is still a key part of Canada's story. The Hudson's Bay Company remains one of the longest-running companies in the world.
What is happening to Hudson Bay company?
As of 2020, the company now owns and operates nearly 250 department stores in Canada and the United States, including Hudson's Bay, Saks Fifth Avenue and Saks OFF 5TH. Originally headquartered in London, England, its head offices are located in Brampton, Ontario. HBC is a private business owned by a holding company.
Is The Bay in financial trouble?
Hudson's Bay has found itself in trouble as the retailer continues to close stores around the country. In October, the iconic department store faced lawsuits over $3.5 million in unpaid rent from the landlords of five locations in Quebec.
Why is Hudson Bay splitting?
Canadian department store chain Hudson's Bay (HBC) has revealed plans to separate its store fleet and e-commerce business and run them as two separate entities. The move is part of the company's plan to expedite its 'digital-first' transformation.
Is The Bay closing in Canada?
It's the end of an era. It's the end of an era for an iconic Toronto store. The Hudson's Bay, which has occupied the corner of Yonge and Bloor Streets for nearly 48 years, will be shutting its doors at the end of May 2022.
Where did the Hudson Bay company start?
London, United KingdomHudson's Bay Company / Place founded
When was the HBC founded?
May 2, 1670, London, United KingdomHudson's Bay Company / Founded
What happened in 1821 that made the HBC the most powerful organization in North America?
In 1821, after years of bitter feuding, an exhausted and impoverished North West Company merged with the Hudson's Bay Company. Each had tried to buy out the other, but the Hudson's Bay Company prevailed, with its deeper pockets and British political connections.
How did the HBC established their position in the fur trade?
Through a Royal Charter, the HBC was granted exclusive rights to trade and establish posts within the territory and would benefit immensely from land title sales following the transfer title to the expanding Canadian state in 1870.
What is HBOG oil?
The company co-founded Hudson's Bay Oil and Gas Company (HBOG) in 1926 with Marland Oil Company (which merged with Conoco in 1929). HBOG expanded during the 1940s and 1950s, and in 1960 began shipping Canadian crude through a new link to the Glacier pipeline and on to the refinery in Billings, Montana. The company became the sixth-largest Canadian oil producer in 1967. In 1973, HBOG acquired a 35 per cent stake in Siebens Oil and Gas, and, in 1979, it divested that interest. In 1980, it bought a controlling interest in Roxy Petroleum. In the 1980s, sales and oil prices slipped, while debt from acquisitions piled up which led to Hudson's Bay Company selling its 10.1 per cent stake in HBOG to Dome Petroleum in 1981.
Where is HBC located?
HBC's head office is currently located in Brampton, Ontario. Until March 2020, the company was listed on the Toronto Stock Exchange under the symbol "HBC.TO".
Which European trading company has survived?
The HBC is the only European trading company to have survived and outlived all its rivals.
What was the career progression of a fur trader?
The career progression for officers, together referred to as the Commissioned Gentlemen, was to enter the company as a fur trader. Typically, they were men who had the capital to invest in starting up their trading. They sought to be promoted to the rank of Chief Trader. A Chief Trader would be in charge of an individual post and was entitled to one share of the company's profits. Chief Factors sat in council with the Governors and were the heads of districts. They were entitled to two shares of the company's profits or losses. The average income of a Chief Trader was £360 and that of a Chief Factor was £720.
What was the name of the trading post in the 18th century?
18th century. Trading at a Hudson's Bay Company trading post. With the ending of the Nine Years' War in 1697, and the War of the Spanish Succession in 1713 with the signing of the Treaty of Utrecht, France had made substantial concessions.
How big is Hudson Bay?
This drainage basin of Hudson Bay spans 3,861,400 square kilometres (1,490,900 sq mi), comprising over one-third of the area of modern-day Canada, and stretches into the present-day north-central United States. The specific boundaries remained unknown at the time.
What was Rupert's land?
Rupert's Land, the drainage basin of Hudson Bay, the company's grant. A royal charter from King Charles II incorporated "The Governor and Company of Adventurers of England, trading into Hudson's Bay" on 2 May 1670.
What is the West End Shop?
The West End Shop is the men's version of The Room. The Toronto Queen Street and the Vancouver Granville West End Shops recently underwent an extensive renovation. The current collection contains labels such as Hugo Boss, Ermenegildo Zegna, Armani Collezioni, Ben Sherman, and Strellson.
What stores are closing in Canada?
The 1926-built downtown Winnipeg store on Portage Avenue was valued $0 by Cushman & Wakefield in 2019, citing the existence of nearby, newer commercial real estate properties. The downtown Edmonton store on Jasper Avenue was built in 1939 on land that had been occupied by Hudson's Bay Company since 1893. It closed in 1995, two years after another The Bay store opened as an anchor tenant of the Edmonton City Centre. The latter eventually relocated to the former Eaton's store of the same shopping mall in 2002. Consequently, at 15,600 square metres (168,000 sq ft), it was the smallest Hudson's Bay flagship. The Winnipeg store closed on 30 November 2020, and the Edmonton store closed on 3 June 2021.
When was the Bay logo used?
The Bay logo, used from 1965–2013.
When was the Hudson's Bay logo used?
The Bay logo, used from 1965–2013. Hudson's Bay wordmark, in use since 2013.
Where is the room located?
The Room is a luxury boutique found in selected Hudson's Bay locations, which features a curated selection of women's apparel from upscale brands such as Balmain, Emmanuel Ungaro, Halston, Gianfranco Ferre, Giorgio Armani, Moschino, and others. Nicholas Mellamphy is the vice-president and buying director of The Room. Its namesake at the Yonge & Queen location in Toronto was established in the 1930s as the St. Regis Room, dating back to its time as a Simpsons store. It underwent a major renovation in 2009 by the design firm Yabu Pushelberg, with an increase to 2,000 square metres (21,500 sq ft) in floor space, and expanding its stock from around 12 brands to 70 (including more "moderately-priced" options). The $5.3 million renovation was positioned by Brooks as part of a plan to increase The Bay's focus on high-end fashion; there were also plans to expand The Room as a featured department at other flagship locations.
Who is Bonnie Brooks?
In August 2008, Bonnie Brooks was hired as president and chief executive officer of the Hudson's Bay Company . As the result of market research, Brooks began to focus on bolstering high-end fashion as a growth segment. These moves included a major revamp of the chain's selection of labels, and a renovation and relaunch of The Room—a luxury women's department at the Queen Street location. During the 2010 Winter Olympics in Vancouver, a heritage-oriented campaign was used to promote The Bay and an accompanying line of Olympic-themed apparel, which was considered to be a significant success. In 2010, the Queen Street location saw a 22% increase in year-over-year sales. In 2011, The Bay launched White Space—a new younger-skewing "contemporary" department—at selected locations.
Department stores in Canada
As of December 2019, there were over 500 department stores in Canada, 190 of which were in Ontario. Winners, Nordstrom, and Hudson Bay are among the most known department store brands in the country.
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How many H-E-B locations are there in the United States in 2022?
There are 320 H-E-B locations in the United States as of February 21, 2022. The state with the most number of H-E-B locations in the US is Texas, with 320 locations, which is 100% of all H-E-B locations in America.
How many states have no H-E-B?
There are 55 US States and Territories without any H-E-B locations.
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Overview
The Hudson's Bay Company (HBC; French: Compagnie de la Baie d'Hudson) is a historically Anglo-Canadian but now American-owned retail business group. A fur trading business for much of its existence, HBC now owns and operates retail stores in Canada and the United States. The company's namesake business division is Hudson's Bay, commonly referred to as The Bay (La Baie in French).
History
For much of the 17th century the French, based on their colony of New France, operated a de facto monopoly in the North American fur trade. Two French traders, Pierre-Esprit Radisson and Médard des Groseilliers (Médard de Chouart, Sieur des Groseilliers), Radisson's brother-in-law, learned from the Cree that the best fur country lay north and west of Lake Superior, and that there was a "frozen sea" s…
Operations
The HBC is diversified into joint ventures and other types of business products. The HBC has credit card, mortgage, and personal insurance branches. These other products and services are joint partnerships with other corporations. The HBC also has other HBC Rewards corporate partners such as: Imperial Oil/Esso, M&M Meat Shops, Chapters/Indigo Books, Kelsey's/Montana's Restaurants, Thrif…
Archives
The legacy of the HBC has been maintained in part by the detailed record-keeping and archiving of material by the company. Before 1974, the records of the HBC were kept in the London office headquarters. The HBC opened an archives department to researchers in 1931. In 1974, Hudson's Bay Company Archives (HBCA) were transferred from London and placed on deposit with the Manitoba archives in Winnipeg. The company granted public access to the collection the followi…
Corporate governance
As of January 2018 , the members of the board of directors of Hudson's Bay Company are:
• Richard A. Baker
• Robert C. Baker
• Eric Gross
Miscellany
Under the charter establishing Hudson's Bay Company, the company was required to give two elk skins and two black beaver pelts to the English king, then Charles II, or his heirs, whenever the monarch visited Rupert's Land. The exact text from the 1670 Charter reads:
...Yielding and paying yearly to us and our heirs and successors for the same two Elks and two Black beavers whensoever and as often as We, our heirs and successors shall happen to enter i…
See also
• Beaver hat
• British colonization of the Americas
• Frontier (2016 TV series)
• Home Outfitters
• Hudson's Bay Company vessels
Bibliography
• Galbraith, John S. (1957). Hudson's Bay Company As an Imperial Factor 1821–1869. Berkeley and Los Angeles: University of California Press. Retrieved 6 October 2015.
• Newman, Peter C. (1985). Company of Adventurers. Vol. I. Markham, Ontario: Viking, Penguin Books of Canada. ISBN 978-0-6708-0379-8.
Overview
Hudson's Bay (French: La Baie d'Hudson), known colloquially and operating online as The Bay (French: La Baie), is a Canadian luxury goods 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 continuously operating companies in the World.
Flagship stores
Hudson's Bay operates five flagship stores in four provinces. These flagship stores are in multi-storey historic buildings in the downtowns of Canada's largest cities. The largest, the Toronto store building on the southwest corner of Yonge Street and Queen Street West, was converted from Simpsons in 1991. Considered the flagship of the chain, it currently occupies 70,000 square metres (750,000 sq ft), while a fifth of previously-occupied space was converted to the Canadian Saks …
History
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 country of Canada in 1870. The first Hudson's Bay Company store opened in 1881 in Winnipeg, Manitoba wi…
Store format
The Room is a luxury boutique found in selected Hudson's Bay locations, which features a curated selection of women's apparel from upscale brands such as Balmain, Emmanuel Ungaro, Halston, Gianfranco Ferre, Giorgio Armani, Moschino, and others. Nicholas Mellamphy is the vice-president and buying director of The Room. Its namesake at the Yonge & Queen location in Toronto was established in the 1930s as the St. Regis Room, dating back to its time as a Simpsons store. It u…
Brand identity
The Hudson's Bay Company wordmark was written in Blackletter script before 1965.
Lippincott & Margulies designed the "folk-friendly" 1965 The Bay logo, which features a stylized yellow "B" that was previously seen on the header of Hudson Bay Company's royal charter from 1670. Morgan's stores in Quebec featured a logo with an "M" stylized similarly to the "B" from 1969 until they were rebranded to La Baie in 1972.
See also
• HBC Rewards
• List of Canadian department stores
External links
• The Bay Formerly the website of Hudson's Bay. Now a separate division of HBC.