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Retail sales of Hudson's Bay Company 2012-2018

The retail sales of Hudson’s Bay Company, the Canadian retail business group, reached approximately 9.38 billion Canadian dollars in 2018. This is a decrease of over five billion Canadian dollars since retail sales peaked in 2016 at over 14.4 billion dollars.

Hudson’s Bay Company origins

The Hudson’s Bay Company was founded in 1670, making it the oldest company in North America. The company originated as a fur trading business after a wealth of fur was discovered to be accessible through the inland sea of Hudson Bay. As the fur trade lost importance in the following centuries, the company moved into retail and began opening department stores across Canada. HBC now operates multiple retail stores across North America such as The Bay, Saks OFF FIFTH and Home Outfitters.

Department stores in Canada

As of December 2018, there were over 500 department stores in Canada, 190 of which were in Ontario. During a consumer survey, two of Hudson Bay Company’s department stores were categorized by Canadians as “way too expensive”.

Retail sales of Hudson's Bay Company from 2012 to 2018

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Source

Release date

April 2019

Region

Canada

Survey time period

2012 to 2018

Special properties

Fiscal year 2018 ended February 2, 2019

Supplementary notes

Figures from 2017 and 2018 have been restated to exclude the results related to discontinued operations.
Figures have been rounded.

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Statistics on "Hudson's Bay Company"

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