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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. [7] [8] Founded on 2 May 1670, the Hudson's Bay Company opened its first department store in 1881 in Winnipeg, Manitoba.
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 ...
Consumers Distributing. Consumers Distributing (known in Quebec as Distribution aux Consommateurs, and informally as Consumers) was a catalogue store in Canada and the United States that operated from 1957 to 1996. At its peak, the company operated 243 outlets in Canada and 217 in the United States, including stores in every province in Canada ...
Bombay Company. The Bombay Company is an American furniture and home accessories retailer owned (since 2021) by an undisclosed LLC. At one time a chain of over 500 stores headquartered in Fort Worth, Texas, Bombay Company was relaunched in 2012 as an online store. After its owners arranged a new licensing deal, a second online re-launch was ...
As Canada's population became more urban over the course of the 20th century, Canadians had access to a greater number of local stores, and were less reliant on catalogue purchases. By the mid-1970s, it was estimated that 60% of the suburban customers throughout Canada lived within a thirty-minute drive of an Eaton's store.
The deal to create Simpsons-Sears Limited, a Canadian catalogue and department store chain separate from the Simpsons chain, was signed on September 18, 1952, and the terms were 50-50. Each company put up $20 million and had equal representation on the new company's board of directors. The new company was to have two main objectives.
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