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HBC coat of arms, showing the Latin motto pro pelle cutem: a skin for a skin.
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HBC formerly sponsored the annual HBC Run for Canada, a series of public-participation runs and walks held across the country on Canada Day to raise funds for Canadian athletes.
On 13 January 2011, HBC announced that U. S .- based discount retailer Target Corporation would purchase the lease agreements of up to 220 Zellers stores, which have not yet been identified, for C $ 1. 825 billion.
In 1668 the Nonsuch reached the bay and successfully traded for beaver pelts, leading to the creation of the Hudson's Bay Company ( HBC ), which still bears the historic name.
The HBC negotiated a trading monopoly from the British crown for the Hudson Bay watershed, called Rupert's Land.
HBC governor George Simpson happened to be at Fort Vancouver at the time, and he both sympathized with Smith and chastised him for treating the Indians harshly.
In time Fort Vancouver produced a surplus of food, some of which was used to provision other HBC posts and some of which was exported for sale in Hawaii, Russian Alaska, and other markets.
Combined with a decline in demand for and supply of beaver, by 1840 the HBC had effectively destroyed the American system.
Soon after the strategic victory by the HBC, the Snake River route was used for emigrants as the Oregon Trail, which brought a new form of competition.
This position of power, along with his marriage connections ( his wife Jean was the sister of Andrew Wedderburn, a member of the HBC governing committee ) allowed him to acquire a land grant called Assiniboia to serve as an agricultural settlement for the company.
As part owner of HBC, Selkirk also wanted to stop the North West Company ( NWC ) from competing with HBC for furs in the region.
Its origins as a settlement go back to the time when Thomas Miller owned a collection of ramshackle buildings serving the traffic of the gold rush as a resting point for travellers moving between Kamloops and Fort Alexandria, which was north of 100 Mile House farther along the HBC Brigade Trail.
HBC has also teamed up with international companies for limited edition products, such as Steiff ( heritage teddy bear, limited run of 2 500 ), and Best Made Axe Co.
Since its contract with the Canadian Olympic Committee as the official merchandiser for the Vancouver 2010 Winter Olympics, HBC has continued selling Olympic apparel in a dedicated section of the Bay stores.
The Habitat Bicycle Challenge ( HBC ), a nine-week, coast-to-coast bicycle trip undertaken to raise funds for Habitat for Humanity of Greater New Haven and to increase awareness of Habitat for Humanity in general, took place annually from 1995 to 2007.
HBC and .
The former HBC Fort Dallas at Camchin, the confluence of the Thompson and Fraser Rivers, was renamed in his honour by Governor Sir James Douglas in 1858 as Lytton, British Columbia.
The Hudson's Bay Company (), abbreviated HBC, or " The Bay " (" La Baie " in French ) is the oldest commercial corporation in North America and one of the oldest in the world.
Before the merger, the employees of the HBC, unlike the North West Company, did not participate in its profits.
Although the HBC maintained a monopoly on the fur trade during the early mid 19th century there was competition from James Sinclair and Andrew McDermot ( Dermott ), independent traders in the Red River Colony.
Throughout the 1820s and 1830s, the HBC controlled nearly all trading operations in the Pacific Northwest, based out of the company headquarters at Fort Vancouver on the Columbia River.
During the 1820s and 1830s, HBC trappers were deeply involved in the early exploration and development of Northern California.
Although Sayer was found guilty of illegal trade, having evaded the HBC monopoly, Judge Adam Thom did not levy a fine or punishment.
In 1870, the government abolished the HBC monopoly and opened trade in the region to any entrepreneur.
Northern Stores are no longer operated by HBC, but by a corporation organized in 1987 under the name The North West Company.
The legacy of the HBC has been maintained in part by the detailed record-keeping and archiving of material by the Company.
On 26 January 2006, HBC's board unanimously agreed to a bid of $ 15. 25 CAD / share from Jerry Zucker whose original bid was $ 14. 75 CAD / share, ending a prolonged fight between HBC and Zucker.
In a 9 March 2006 press release, HBC announced that Zucker would replace George Heller as the new Governor and CEO, to become the first US citizen to lead the company.
After Zucker's death, the board named his widow Anita Zucker as HBC Governor and HBC Deputy-Governor Rob Johnston as CEO.
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