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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 Fifth Avenue opened the first Off 5th location in 1990 and originally opened a clearance store. Until 2013, Saks Fifth Avenue owned the chain until both Saks Off 5th and Saks Fifth Avenue were purchased by Hudson's Bay Company (HBC), along with HBC's namesake Canadian department stores.
After filing for creditor protection in June 2017, Sears Canada announced it would close 20 full-line locations, 15 Home stores, 10 Outlet stores, and 14 Sears Hometown stores. [8] The closings resulted in 2,900 employee layoffs. [9] These stores officially closed on Sunday, October 1, 2017. [10] In September 2017, Sears Canada announced the closing of 10 additional stores, in addition to the ...
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In 1991, the Simpson's store was converted to a The Bay store after Hudson's Bay Company purchased the Simpson's chain in 1978. An existing The Bay store, that had joined the mall in November 1988, was sold to Sears Canada in the process.
List of Canadian retail closures (21st century) Throughout the 21st century, retail businesses in Canada have felt the pressures of foreign store expansions into the country, as well as a shift towards online retail. As a result, closures have been a mix of stores unique to the nation, as well as newcomers like Target Canada .
The Hudson's Bay Company ( HBC; French: Compagnie de la Baie d'Hudson) is an American and Canadian-based retail business group. A fur trading business for much of its existence, it became the largest and oldest corporation in Canada, before evolving into a major fashion retailer, operating retail stores across both the United States and Canada ...
The Simpsons store on Queen Street West in Toronto continues to operate under the Hudson's Bay nameplate as the chain's, and Canada's, largest department store.
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