In 1670 Pierre-Esprit Radisson and Médard des Groseilliersare founded The Hudson's Bay Company in May 2, 1670 making it the oldest incorporated joint stock merchandising company in the English-speaking world. King Charles II granted Radisson and Groseilliersare to trade furs in the Hudson Bay area, and since they were trading there, they named their trading posts The Hudson's Bay Company (Or HBC).
In 1670 The Hudson's Bay Company started building trade posts along the Hudson and James' Bay. In 1673 the first trading post was complete, and it was named the Moose Factory. The Hudson's Bay Company built another location in 1674 named Fort Albany. The Hudson's Bay Company then builds Fort Severn in 1680 then 4 years later they built York Factory
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Both companies were very successful, and both were always trying to outdo each other. They would compete on who sells more furs in a year. In 1780, The Hudson's Bay Company made their iconic blanket that now sells for hundreds of dollars.
In 1821 the rivalry between The Hudson's Bay Company and The North-West Company of Montreal became so bad that several minor armed skirmishes (which means a war with very little men) broke out between the two. This lead the British Government having to step in and force the two companies the merge together, but under The Hudson's Bay Company's name. This gave the two companies 173 forts and 7.8 million square kilometers of land.
In 1881 The Hudson's Bay Company produced their first mail order catalogue and opened their first retail store in Winnipeg, Manitoba. In the 1900s, The Hudson's Bay Company started to expand a chain of stores through Western Canada. The company then started to buy several other companies like Morgan Department stores in 1960 and while buying companies, they also started to expand through East Canada. In 1964 The Hudson's Bay Company becomes the name that they are known as today, The
In 1637, Swedish, Dutch and German shareholders created the New Sweden Company to trade for furs and tobacco in North America. In 1637, Swedish, Dutch and German shareholders created the New Sweden Company to trade for furs and tobacco in North America. In March 1638, their ships arrived at the Delaware Bay. From 1626 to 1631, Peter Minuit was the first governor of New Netherland, which was dutch colony on Manhattan Island. Peter Minuit built a fort at Wilmington Delaware, and they named it fort Christina after their queen.
During the late 16th century, New France was a colony based on exploitation and trade. Trading posts were being built for the fur trade because of a lot of merchants, ship owners, explorers, and traders taking an interest in it. The first trading post was built in Tadoussac in 1600. It was followed shortly after by a second in Acadia that was built in 1604. In 1608, Samuel de Champlain founded the first permanent trading post, the Quebec City
As the French and English both continued their expansion through New England, conflicts arose. These developed into a world war; in America it is called the French and Indian War as it involved the French and British colonists and many northeastern Native American tribes. The settlement of Vermont was greatly influenced by events in the French and Indian War, starting as early as 1700, and the ultimate English victory; all of this showing the reason for the hesitant start followed by a large influx of expansion by the British.
The French and Indian War caused tensions with Britain and the thirteen American colonies.The British claimed the land along the east coast of North America (“Charles E”).There
The company was founded by Richard Block and David Quayle in March 1969 and the first store was opened in Southampton Hampshire. The store was originally called Block and Quayle but was then shorted to B&Q. The owners wanted to offer their customers better value, longer opening hours and better product range.
Nordstrom was co founded 1901 by a 30 year old man named John W Nordstrom and his partner Carl Wallin. At age 16, John W of Sweden left his home and moved to Alaska where he struck gold. While in Alaska, he met a man named Carl Wallin, “who owned a shoe repair shop in downtown Seattle” (Nordstrom Employee, 2006). The two decided form a partnership and open a shoe store entitled Wallin & Nordstrom.
Company Background: The company was originally started in 1853 by John Bausch in Rochester, New York. The small store excelled because Bausch discovered
Although, Hudson’s whereabouts before 1607 are unknown, historians can still analysis the life events during the known time of Hudson existence. Between 1607 and the year Hudson died, 1611, Bumsted identifies three major event. The first of these events occurred in 1608 when Quebec gained the resident buildings by Samuel de Champlin. Champlin established a new trading post on the St. Lawrence and during the first year of building the new habitations, it went under attack. Fortunately, the post lasted and in the progress, Champlin associated with the First Nations; however, this led the French into violence against the Iroquois. During the same year, the outline of the arrangement to colonize New France started. Second, in Newfoundland, the first English incomers settled in Newfoundland in 1610. The arrival of the Europeans impacted the First Nations people greatly. The impact that the diseases, such as measles, smallpox, typus, and typiod, altered the lives of the First Nations people; Before the Europeans brought these disease to the continent of what is now Canada, the First Nations people were not immune to them and it caused tremendous damage to their communities. And finally, Frobisher’s voyage to the Northwest Passage inspired the great explorer, Henry Hudson. Within Bumsted, it mentions that Hudson was hired to explore the passage to Asia and in the progress he ended entering the Hudson Bay. Bumsted also mentions that the exploration that Hudson sailed was exceptional and it his search was a best known voyage In comparison to Bumsted, Henry Hudson’s biography references that he missed no prospect of landmarks on Quebec and the Diggs Island into the Hudson Bay itself. The biography mentions that Hudson succeeded in setting the further north record on his voyage, but the search for the Northeast Passage was not successful. Furthermore, when studying the biography of Henry
During the 17th century, trading of fur became a major commercial enterprise in North America due to demand for felt hats made from beaver fur. Two French traders named Médard Chouart des Groseilliers and Pierre-Esprit Radisson were the first to propose a trading company. They used the Hudson Bay to gain easier access to the demanded fur resources of the interior of Canada. They tried to gain French support on their terms, but they failed. After this they went to England in 1665 to attempt to gain the support of Prince Rupert, cousin of Charles II. Médard and Pierre-Esprit got an interested Rupert to persuade the king, several merchants and noblemen to back the trading company. In May 1670 they acquired the Royal Charter which granted the lands of the Hudson Bay. The Royal
After this time of discovery of the North American land, the French often build forts and other establishments along rivers and bodies of water. These strategic sites were often used to protect their commercial interest, and often the structures built were forts. “Both sides fortified positions along the Hudson River, Lake George, and Lake Champlain.” (Starbuck, 2007). The forts built by the French during this time in history include, “Fort Beaubassin in Acadia and Crown Point on Lake Champlain, Forts also erected on the Quabache, Ohio, Mississippi and Missouri River” (Schwartz, 3). After the establishment of the French in North America, this leads the British to want to develop the land and want to protect their very own interest in North America. To protect their interest the British build forts throughout the North American territory to compete with the French.
The Hudson Bay Company began on May 2, 1670 when the royal charter was proclaimed. It was discovered by two French explorers, Molard Chouart des Groseilliers and Pierre Esprit Radisson. Their purpose was to
Jamestown, found in Virginia, was established by the Virginia Stock Company of London. People of London bought stocks in the company to support
The first Target store was also opened in 1962. It was started under the Dayton Hudson Corporation. As you can see the Target corporation has a decorated past as well. Target
The fur trade was a significant part of Canadian history. With the founding of the Hudson's Bay and Northwest Company during the1670's, the fur trade managed growth and development all the way into Western Canada until 1870. The fur trade was unique, for it was the only industry that was based on an exchange of goods between two very different groups of people (namely, the Indians and the Europeans). Although most people think of the fur trade as being a male dominated industry, Indian women also played very important roles in the industry's development. However, the women's experiences differed in relation to
In 1821, HBC merged with the North West Company, its most successful rival, which was located in Montreal ("Our History"). With this merger, the Hudson Bay Company now had posts all over Canada, and the United States. Also, this important acquisition set a permanent pattern in HBC’s growth and development ("Our History").