HBC sucks! Becoming one of the worst Canadian companies…
Reading the Financial Post’s Canada’s largest corporations (FP500) special issue you can find all the major retailers in Canada like Sears, Canadian Tire even Walmart Canada. Nowhere 178 page booklet can you find a mention of Canada’s second incorporation HBC. Canadians are becoming more disenfranchised with the company who recently has upset most by supplying the Canadian Olympic team uniforms that are Made In China. Moreover the company keeps pushing Canadian clothing manufacturer’s out the door, thanks to new policies that favor Made In China products. Most of the companies were consignees where the manufacturer only gets paid commission on their products and has to sustain major damage by customers returning clothing as much as a year later, theft which is a sport at HBC’s The Bay stores and the directions poor decisions in helping a country’s manufacturing sector. Quebec and Montreal’s division of consignees is run by non other Mrs. Claire Gagné responsible for the demise many clothing manufacturer’s licensee programs. Quebec The bay stores are run by horrible management who couldn’t run to the bathroom let alone run a department store and is supposed to be managed by Toronto’s head office who is oblivious to anything. Don’t believe me, then why is a company with over 95 department stores that has been operating since the inception of corporations in Canada can’t even make it on any lists worthy of a large corporation.
The Bay was founded in 1670 by a charter granted by King Charles !! of England, and was therein named The Govenor and Company of Adventurers Trading into Hudson’s Bay. There are over 300 stores.
Surely, it is an economic decision that motivates buying olympic souvenirs and clothing in China. However, as spokespersons and role models epresenting Canada, the company should have been obliged to manufacture our athletes uniforms in Canada.