HBC

HBC, established in 1670, holds the distinction of being the oldest continuously operating company in North America. The company is dual-headquartered in New York and Toronto, reflecting its strong presence in both the United States and Canada. HBC owns or controls approximately 40 million square feet of gross leasable area across North America, demonstrating significant influence in the real estate market. Its portfolio features prominent ecommerce entities such as Saks, a leading online destination for luxury fashion, and Saks OFF 5TH, a top luxury off-price ecommerce company. Additionally, HBC wholly owns Hudson’s Bay, the operator of Hudson’s Bay stores, and SFA, which manages the physical locations of Saks Fifth Avenue. The company also runs HBC Properties and Investments, focusing on real estate and investments. Committed to ethical practices, HBC engages in ethical sourcing and is dedicated to upholding fundamental human and labor rights throughout its supply chain. It places a strong emphasis on corporate sustainability, evidenced by initiatives like the 2020 Sustainability Report and a comprehensive multi-year accessibility plan for its operations in Canada. Furthermore, HBC invests in communities through the Hudson’s Bay Foundation and Saks Fifth Avenue Foundation, which support mental health initiatives and high-performing Canadian athletes.