Hudson's Bay Company Analysis
Hudson’s Bay Company (HBC) is the oldest company in North America, founded in 1670. They are one of the fastest growing department stores in the world. HBC focuses on multiple retail outlets including clothing, shoes and homeware and currently has eight banners, ranging from luxury to department stores, including Hudson’s Bay, Lord & Taylor, Home Outfitters, Saks Fifth Avenue, and Saks Fifth Avenue OFF 5TH. HBC competes in a highly competitive industry, which features Nordstrom and Sears as strong competitors, with Sears being a large Canadian department store and Nordstrom, an American department store currently entering the Canadian market. HBC is currently traded on the Toronto Stock Exchange under the HBC stock symbol.
This analysis reports
This analysis reports