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After 355 Years, the Oldest Company in North America Just Shut Down. Can Most Americans Even Name It?

Summary by Inc.
Maybe it would still be here if they’d changed the name to “The Company of Adventurers.”

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This Monday the last chapter was written in the history of one of the longest-lived companies in the world. The Hudson Bay Company (HBC), founded in 1670 and popularly known as "La Bahia", has officially closed its doors after 355 years of existence, marking the end of an institution that was much more than just a commercial company. The closure of the 96 stores still operating under its brand has meant the dismissal of more than 8,300 employees…

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Inc. broke the news in on Saturday, June 7, 2025.
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