HBC
HBC, founded in 1670, is North America's oldest continually operating company, with a diverse portfolio including luxury ecommerce brands Saks and Saks OFF 5TH, and real estate ventures through HBC Properties and Investments.
Company History of HBC
Founded in 1670, HBC (Hudson's Bay Company) is North America's longest continually operating company. With centuries of history, the company has evolved significantly while retaining its core values. Over the years, HBC has expanded its operations across North America, adapting to the changing retail landscape and diversifying its business portfolio to include both luxury and off-price segments.
HBC Headquarters
HBC is headquartered in New York and Toronto, serving as central hubs for the company's North American operations. The dual-headquarters model supports the company's extensive portfolio, leveraging the business environments and talent pools of both cities to drive growth and innovation in the retail and real estate sectors.
HBC's Retail and Ecommerce Portfolio
HBC owns or controls approximately 40 million square feet of gross leasable area across North America. Its retail and ecommerce portfolio includes iconic brands such as Saks, a leading online luxury fashion destination, and Saks OFF 5TH, a premier ecommerce platform for luxury off-price products. HBC also wholly owns Hudson’s Bay, which operates physical stores under the Hudson's Bay banner, and SFA, responsible for Saks Fifth Avenue’s physical store operations.
HBC Properties and Investments
HBC Properties and Investments is the dedicated real estate and investments arm of Hudson's Bay Company. This division focuses on maximizing the value of HBC's substantial real estate holdings and making strategic investments to support long-term growth. The company owns significant properties across North America, enhancing its financial stability and flexibility.
HBC's Commitment to Ethics and Sustainability
HBC engages in ethical sourcing with a strong commitment to upholding fundamental human and labor rights throughout its supply chain. The company is also devoted to corporate sustainability, evidenced by initiatives such as the 2020 Sustainability Report and a multi-year accessibility plan for its Canadian operations. These efforts highlight HBC's dedication to responsible business practices and community well-being.