HBC

Hudson's Bay Company (HBC) is a Canadian holding company that operates department stores. Founded in 1670 as a fur trading business, it is North America's oldest company.

HBC's primary business is retail, with a focus on department stores. The company has faced significant financial challenges, leading to insolvency proceedings and the liquidation of many of its stores. The business model has been based on traditional brick-and-mortar retail, which has struggled in the face of e-commerce and changing consumer habits.

Historically, its clients were those involved in the fur trade. In modern times, its customers are general consumers. The company has been undergoing a significant transformation, including the sale of some of its assets and a shift in its retail strategy.

Keywords: retail, department stores, holding company, Canadian, fur trade, insolvency, liquidation, brick-and-mortar, consumer goods, North America