The Hudson's Bay Company
 |
|
| Public | |
| Traded as | : HBC |
| Founded |
London, England 2 May 1670 |
| Headquarters | Brampton, Ontario, Canada |
|
Key people
|
Richard Baker (Governor & Executive Chairman) Gerald L. Storch (CEO) |
| Revenue |
 $5.223 billion CAD (2014) |
|
$ 258.1 million CAD (2014) |
|
| Total assets |
$7.943 billion CAD (2014) |
| Owner | NRDC Equity Partners (48%) |
| Divisions |
Galeria Kaufhof Gilt Groupe Home Outfitters Hudson's Bay Lord & Taylor Saks Fifth Avenue Saks Fifth Avenue OFF 5TH |
| Website | www |
The Hudson's Bay Company (HBC; French: Compagnie de la Baie d'Hudson), commonly referred to as The Bay (La Baie in French), is a Canadian retail business group. A fur trading business for much of its existence, Hudson's Bay Company owns and operates retail stores throughout Canada, Belgium, Germany, The Netherlands, and the United States with Galeria Kaufhof, Gilt, Hudson's Bay, Home Outfitters, Lord & Taylor, and Saks Fifth Avenue. HBC's head office is in the Simpson Tower in Toronto, Ontario. The company is listed on the Toronto Stock Exchange under the symbol "HBC".
The company was incorporated by English royal charter in 1670 as The Governor and Company of Adventurers of England trading into Hudson's Bay and functioned as the de facto government in parts of North America before European states and later the United States laid claim to some of those territories. It was once the world's largest landowner, with the area of the Hudson Bay watershed, known as Rupert's Land, having 15% of North American acreage. From its long-time headquarters at York Factory on Hudson Bay, the company controlled the fur trade throughout much of the English and later British controlled North America for several centuries. Undertaking early exploration, its traders and trappers forged relationships with many groups of aboriginal peoples. Its network of trading posts formed the nucleus for later official authority in many areas of Western Canada and the United States. In the late 19th century, with its signing of the Deed of Surrender, its vast territory became the largest portion of the newly formed Dominion of Canada, in which the company was the largest private landowner.
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Wikipedia