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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.
Hudson's Bay Company reversed a formidable debt problem in 1987, by shedding non-strategic assets such as its wholesale division and getting completely out of the oil and gas business. HBC also sold its Canadian fur-auction business to Hudson's Bay Fur Sales Canada (now North American Fur Auctions).
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It became the provincial flagship store of its successor, The Bay, in 1972 (rebranded to Hudson's Bay in 2013). The store is accessible to the Montreal Metro via McGill station , for which an entrance is located on Union Avenue.
Saks Global was created in 2024 after the Canadian Hudson's Bay Company (HBC) purchased the American Neiman Marcus Group (NMG). [2] [3] [4] The acquisition was finalized in December 2024 and the purchase cost $2.7 billion. [5]
Hudson's Bay Rewards (known as HBC Rewards before February 2013) is a loyalty program where customers earn points for purchases at Hudson's Bay stores and thebay.com in Canada. [1] [2] [3] Every 1000 points earned can be redeemed as $5 towards a purchase. Points can also be donated, gifted, or converted to RBC Avion points.