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Canada Economy

Store fixtures are seen inside a nearly empty Hudson's Bay store in Toronto, Ontario, Canada, on June 14, 2025. Hudson's Bay Company (HBC), the oldest corporation in North America founded in 1670 as a fur trading enterprise, begins shutting down its iconic department stores after filing for creditor protection in March 2025, with its trademarks and historic coat of arms sold to Canadian Tire in a final step marking the end of an era. (Photo by Creative Touch Imaging Ltd./NurPhoto)

Photo ID	#12478490
Date Taken	14 June 2025
Location	N/A
Photographer	Creative Touch Imaging Ltd/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2026 NurPhoto - Creative Touch Imaging Ltd/NurPhoto

department store Hudson's Bay The Bay liquidation bankruptcy bankrupts closing going out of business retail Hudson's Bay Company shopping recession economy economic issues prices price cost of living inflation increased prices expensive products commerce Toronto Ontario Canada North America Hudson's Bay store fixtures empty store Toronto Ontario Canada June 14 2025 Hudson's Bay Company HBC oldest corporation North America founded 1670 fur trading enterprise shutting down iconic department stores creditor protection March 2025 trademarks historic coat of arms Canadian Tire end of an era Creative Touch Imaging Ltd. NurPhoto department store corporation history fur trade retail closure business history Canadian retail corporate shutdown historic sale retail industry Canadian business company legacy.