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Hudson’s Bay Company Closes After 355 Years of Trading

The historic retailer in Ottawa officially ceased operations, ending an era for one of North America's oldest companies.

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

In brief

The Hudson’s Bay Company, an iconic establishment founded 355 years ago, closed its doors for the final time in Ottawa this past Sunday, marking the end of an era. The once-thriving department store experienced a significant drop in inventory, leading to its early closure as shoppers began gathering for last-minute deals.

People began exiting the store, many clutching discounted jewelry and contemplating purchases like mannequins—items that seemed odd to be part of a liquidation sale. Despite the somber atmosphere, there were glimpses of light-heartedness, including a security guard's recognition of a frequent shoplifter attempting to gain entry after the store had locked its doors.This closure highlights not only the retailer's long-standing legacy but also poses the question of what will happen to its historic founding document, a charter signed by Charles II in 1670, amidst bankruptcy discussions.In a place that has held a special spot in the heart of Canadian retail, the Hudson’s Bay Company will be remembered for both its extensive history and the memories shared by generations of shoppers.

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