ipl-logo

Hudson Bay Case Study

608 Words3 Pages

English Project Work
Hudson Bay: In prospects and retrospect
Submitted to: Submitted by:
Sisay Shega Saneha Khosla (c0712165)
Introduction
You will be surprised by knowing that The Hudson Bay, which is very popular company now a day was founded 347 years ago and is the oldest commercial company in The North America. The company started off during the fur trade in 1670. It is now owned by an America and still a successful company today around the world. around the world.

Who started it?

• Two French traders, Pierre-Esprit Radisson and Medard de Grosseilliers, learned of excellent fur trading grounds and sought …show more content…

• After the war, The Bay had new competition from North West Company in Montreal
Years of power and change

• After competing with The North-West Company, HBC becomes the most powerful company in North America.
• In 1821, HBC started trading their furs from other countries.
• New technologies in treading fur made the need for beaver less necessary.
• Silk hats becoming more fashionable and cheaper by using different types of .animals were n ow being used.
Hudson’s Bay Company Today

• Most of the Hudson’s Bay Company stores were in Western Canada until the 1960’s when the company bought several chains in Montreal and shorten their name to the Bay.
• This Lead to the expansion to eastern Canada.
• It was the largest chain store in Canada by 1978.
• The bay was still involved in fur trade up until 1991, when it sold the last of its trading posts.
• It is now a chain of over 90 department stores across Canada and is North America’s oldest company.
• Around the 1980’s the bay bought several retail stores like Zellers, Robinson’s, Simpsons and many more.

It is now a chain of over 90 department stores across

Show More
Related

  • Silver Trade Dbq Essay

    1085 Words  | 5 Pages

    By the 1500s, Europe had destroyed almost their source of fur. The occurrence of the “little ice age” resulted in panic from European countries and a ridiculously high demand for furs. This made fur prices rise and Merchants hungry to sell them. This is similar to when China began to use silver as their national currency, which made merchants eager to trade with them. Different from one another, the fur trade was incredibly competitive in the Americas.

    Read More

  • The Role Of George Simpson In The Fur Trade

    417 Words  | 2 Pages

    George Simpson played a major role in the fur trade. He had a sharp, ordered mind which impresses Andrew Wedderburn, which would change George Simpson’s life forever. In 1820, Wedderburn offered Simpson a position of acting Governor in Chief of Rupert’s land. George Simpson began to earn admiration from his employers when he devoted his time and energy on promoting discipline and a reorganized fur trade operation. He named his regimen “economy”.

    Read More

  • Target Corporation Business Strategy

    328 Words  | 2 Pages

    Target Corporation (NYSE:TGT) is one of the most recognized discount retailer that provides upscale, trendy merchandise at affordable prices. The company was founded by Draper Dayton in 1902. The first store was opened in Roseville, Minnesota during 1962. As a result of Target’s continued success, its parent company, The Dayton Hudson Corporation was renamed to Target Corporation in 2000. Currently, Target is the second largest retailer and mass merchandiser in the United States.

    Read More

  • Similarities And Differences Between Russia And North America

    947 Words  | 4 Pages

    CIV 102: Essay Outline Name: Dawar Fuad Section: 2 Question: Compare and contrast the fur trade in North America with the fur trade in Siberia. Context: In the early modern era, the process of global commerce started to gradually appear between the prominent empires and states. The merchants had focused on only some specific types of materials to trade with, and one of the most profitable materials was the “soft gold” fur. Europeans and Russians were at the top of this trade process because they had a giant access to a numerous number of fur-bearing animals in their colonies in North America and Siberia.

    Read More

  • Swot Analysis Of Real Canadian Superstore

    546 Words  | 3 Pages

    Mission The company’s mission is to exceed customers’ expectations in sections such as food, health and home retailer through great prices. They also have a purpose of the company, which is to help Canadians – Life Live Well. Values Real Canadian Superstore has many values and principles they follow. They believe in respecting the environment and preserving the land.

    Read More

  • A Very Brief History Of Coal Mining In Cape Breton

    1913 Words  | 8 Pages

    It was the Coal Company Town, in which many others were built all around Cape Breton. (Mellar John, pg

    Read More

  • Target Corporation Organizational Changes

    1175 Words  | 5 Pages

    Target Corporation, founded by George Draper Dayton, opened its first doors in 1902 in Minneapolis as Dayton Dry Goods Company. Dayton’s ethics and belief in “the higher ground of stewardship” is what molded his organization (Target through the years). Dependable merchandise, generosity and honorable business practice defined Dayton Dry Goods Company. Throughout the years, this company went through different leaders that have adopted changes to bring this company to success.

    Read More

  • Big Business Dbq

    939 Words  | 4 Pages

    During this time, America increased it number of department stores and consumer products (Document G). Indeed, newly created companies at the time would grow to

    Read More

  • Personal Narrative-Port Renfrew, Vancouver Island

    199 Words  | 1 Pages

    Port Renfrew, Vancouver Island, where the fog rises before your eyes. In the summer between the tenth and eleventh grade, my family decided that Vancouver Island would be lovely to visit. I agreed; I would have a chance to photograph what I never have before. Although it was summer, the temperature was significantly lower, with the sun straying close to the clouds. I remember the open sea, in all its unrestrained glory, the way it nipped at me as I strayed near the edge of the cliffs, I did that often.

    Read More

  • Manifest Destiny: The Dangers Of The Oregon Trail

    1245 Words  | 5 Pages

    Due to the fact that only Native Americans were in the Oregon Territory, and they used animal products efficiently and did not hunt unless it was necessary, the animal population was very high. The main animal hunted by trappers were beavers. Their fur had become a commodity due to the near extinction of the creature from over hunting. “The possibility of profiting from the western beaver trade had led,”(McNeese OL) many to the territory in search of wealth and fame.

    Read More

  • The Impact Of The Coureur De Bois On The Fur Trade

    519 Words  | 3 Pages

    Most trading posts were lead by European traders, because there was not much of tree land left in Europe, so there was less fur in the area and that lead to trading in Canada. Beaver fur was the most valuable, because it was the best fur for making felt. To trade, groups such as the First Nations and the Inuits, would bring there furs to the trading posts, and trade for there goods. Later a group of men at the trading posts, decided to go look for there own furs, and they were called the coureur de bois. The coureur de bois were french-Canadian’s that traveled through New France and North America.

    Read More

  • French Exploration In The New World Essay

    357 Words  | 2 Pages

    French Exploration in the New World French Exploration began about forty years after Columbus sailed to the new world. They hoped to find a passageway that would get them to the east to trade, through America, Along with spreading Christianity with the natives and claiming land. The French found that Furs were a large thing on the trade market. So fur trading became a huge part in French History in America.

    Read More

  • Target Financial Summary

    866 Words  | 4 Pages

    Target Corporation is the second largest discount store retailer in the United States following Walmart. Target provides high-quality, trendy merchandise at logical prices. As of today, Target has more than 1800 retail stores and 38 distribution centers in the United States. The first official store was opened in 1962 in Roseville Minnesota and have thrived every since. I will be analyzing Target’s financial statements and communicating the results to our decision makers (Target 2017).

    Read More

  • Target Expansion In Canada Case Study

    655 Words  | 3 Pages

    In fact, Target’s stores operated in Canada for a period shorter than two years. In mid January 2015, the company announced that it had plans to close down its stores in Canada (Dahlhoff, 2015). Although customer opinions varied on the company’s stores’ closure, the truth behind the closure was that the management failed to uphold several principles of project management.

    Read More

  • How Is Macy's Successful

    394 Words  | 2 Pages

    or later known as Macy’s Inc. acquired R.H. Macy’s in 1994 then became the world’s largest premier department store company as the Federated Department Stores operated over 400 department stores and more than 157 specialty stores in 37 states. As from 1995 until 2006, Federated Department Stores have also acquired several department stores converting to the Macy’s nameplate such as A&S Department Stores, The Broadway Department Stores, I. Magnin, Jordan Marsh Department Stores of Boston, Stern’s Department Stores, Liberty House operations and finally The May Department Stores Company. Macy’s Inc. now currently have approximately 800 stores in virtually every major geographic market in the United States including their official website, the “macys.com”. Macy’s Inc. also is currently a parent company of 3 subsidiaries companies which are Macy’s, Bloomingdale’s, and Bluemercury Inc. where Bluemercury was acquired recently in March 2015 by Macy’s Inc.

    Read More

More about Hudson Bay Case Study

Open Document