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What is the Hudson's Bay Company?
The Hudson's Bay Company is a Canadian retail business group. A fur trading business for much of its existence, HBC now owns and operates retail stores in Canada, the United States and parts of Europe, including Belgium, the Netherlands and Germany. The company's namesake business division is Hudson's Bay, commonly referred to as The Bay. Other divisions include Galeria Kaufhof, Gilt, Home Outfitters, Lord & Taylor and Saks Fifth Avenue. HBC's head office was in the Simpson Tower in Toronto, but it relocated northwest of Toronto to Brampton, Ontario. The company is listed on the Toronto Stock Exchange under the symbol "HBC".