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Hudson’s Bay Company Closes its Doors After 355 Years of Trading

The historic retailer ceases operations amid a liquidation sale with sparse merchandise left on the shelves.

By Ian AustenSource: nytimes.com1 min read
Hudson’s Bay Company Closes its Doors After 355 Years of Trading
Image via nytimes.com

In brief

A recent chapter in Canadian retail history closed as the iconic Hudson’s Bay Company, one of North America’s oldest companies, shuttered its flagship Ottawa store on Sunday.

The iconic Hudson’s Bay Company (HBC), which has been a staple in North American retail for an impressive 355 years, officially closed its downtown Ottawa location this past Sunday. The company, known for its deep-rooted history, brought the curtain down early, halting sales an hour before scheduled closing time due to minimal stock availability. As I arrived around 5 PM, the once-bustling store had swiftly transitioned to an empty shell, with most of its merchandise already cleared out during a liquidation sale. Among the sparse remaining items was heavily discounted jewelry, with leftover stock previously priced at just $1. Inside, a few remaining shoppers lingered, weighing the need for odd collectibles, including mannequins and store fixtures. The scene evoked nostalgia for many, including myself, given my grandmother’s history in retail sales and my own experience working at a previously affiliated store, Simpsons. The atmosphere, although melancholic, had several moments of humor. Among those desperately knocking on the locked door for a last-minute shopping spree was a woman recognized by staff as a "frequent flier”—a term used for a habitual shoplifter, eliciting laughter from onlookers. The HBC’s closure leaves a significant mark on Canada’s retail landscape, reflecting on a rich legacy as it bids farewell.

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