Hudson's Bay Company
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Founded on 2 May 1670, the Hudson's Bay Company opened its first department store in 1881 in Winnipeg, Manitoba. The chain operated under the company name until 1965, when the stores were rebranded as The Bay.
Also in 1978, Simpson's department stores were acquired by Hudson's Bay Company, and were converted to Bay stores in 1991. [89] The related chain Simpsons-Sears was not acquired by the Bay, but became Sears Canada in 1978.)
Jan 2, 2024 · The façade of the Hudson’s Bay Company department store, Queen Street Toronto. Over 350 years since its incorporation by Royal Charter, the present-day Hudson’s Bay Company has been transformed into one of Canada’s best-known retailers.
Apr 2, 2009 · In 1978, HBC acquired the Simpsons department store chain, established in 1872 by Robert Simpson, converting its locations to Bay stores in 1991. HBC was the subject of a takeover battle in the late 1970s, when Canadian billionaire Kenneth Thomson and George Weston Limited fought for control, with Thomson eventually coming out ahead and ...
Nov 27, 2019 · In fact, it started before department stores even existed, all the way back in the tail end of the 17th century. In 1659 two French fur traders got a tip from the native Cree that Hudson’s...
May 2, 2020 · All this motivated Charles II when he granted the charter establishing the Hudson’s Bay Company, officially “The Governor and Company of Adventurers of England, trading into Hudson’s Bay,” on May 2, 1670.
Jun 10, 2022 · In 1913 the HBC began to construct department stores. The first store was in Calgary. In the 1960s the HBC moved into other parts of Canada. It soon started to build department stores in places like Montreal and Toronto. The HBC continued to expand from the 1970s onward. In 1978, the HBC bought the Simpsons department store chain.
