| Hudson's Bay Company, established in 1670, is Canada's oldest corporation and its largest department store retailer. 
 Through its major operating divisions, the Bay (http://www.hbc.com/bay) and Zellers (http://www.hbc.com/zellers), Hudson's Bay Company covers the Canadian retail market across all price zones and from coast to coast. It accounts for approximately 39% of Canadian department store sales and almost 8% of all retail sales, other than food and automobiles.
 The Company aims to develop its human and material resources and capitalize on its experience in merchandising to anticipate and satisfy the needs of customers for the goods and services they seek at fair prices, and thereby earn a satisfactory return for its shareholders. hbc.com
 
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