From Furs to Fortune: The Rise and Rise of Hudson’s Bay Company

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  • Опубліковано 11 гру 2024

КОМЕНТАРІ • 227

  • @BusinessCasual
    @BusinessCasual  11 днів тому

    🚨We have received thousands of comments reporting that UA-cam removed our most recent video, _Why I’m Suing UA-cam_ from your sub-feed. Worse yet, they are now suppressing traffic to all of our other videos. We need your help. If you are reading this, _please_ take a moment right now to subscribe to our free Substack to make sure you receive our next video. ➡ businesscasualhq.substack.com (using a non-Gmail address is highly recommended)

  • @Nunavuter1
    @Nunavuter1 7 років тому +73

    Something that is utterly missing from this video is the 1869 purchase of the Hudson Bay Company lands by the Dominion of Canada. This is how Canada acquired western lands, and why HBC no longer controls a huge swath of North America. In the 1869 deal, HBC was paid 100,000 pounds sterling for the land, and kept ownership of one square mile around all of its trading posts plus a percentage of the fertile farmland. When the railways were built in later years, these lands became very valuable, and were sold by the HBC for a considerable profit.

  • @jonray107
    @jonray107 7 років тому +150

    The ending was rushed and fuzzy. Should have talked about how The Bay rebranded to look like its old classic self and went back to "Hudson's Bay". And how they bought Saks fifth Avenue because some people I talked to thought it was Saks that bought HBC not the other way around.

    • @grrr1351
      @grrr1351 7 років тому +15

      Agreed. Very rushed, less in depth.

    • @dead_silencev1
      @dead_silencev1 3 роки тому +1

      CAN U SHUT UP

  • @TheOnionMonkey
    @TheOnionMonkey 7 років тому +49

    In Canada every one learns all about the Hudson's Bay and the fur trade in history class. Especially in Winnipeg we learn even more

    • @dennismilitere1127
      @dennismilitere1127 7 років тому +2

      Jason With Teslas
      No in winnipeg we lean about old hbc not the new hbc

    • @dn2ze
      @dn2ze 5 років тому +1

      Jason With Teslas that’s because this is what build North America especially America yet, people of colour of America act like their ancestors actually build North America...

  • @YuiYounha
    @YuiYounha Рік тому +1

    I played victoria 3 game. I noticed companies hold some major lands in canada, australia and india. This is very learning experience in history.

  • @xtwentex
    @xtwentex 7 років тому +21

    I had never heard of HBC, until last year when they announced to come to the Netherlands. This happened shortly after the closing of a large warehouse named V&D in the Netherlands. They are now opening new stores in the old V&D buildings. But I have to see of the HBC is successful in the Netherlands. There are already rumours of investors that are not happy with the new stores in the Netherlands.

    • @BloodRider1914
      @BloodRider1914 7 років тому

      Marijn Hannink I originally saw a map of Canada in the early 1800s and saw the HBC

    • @Lawliet734
      @Lawliet734 7 років тому

      +Marijn You have "they" and "there" mixed up. "...there [they] announced to come to the Netherlands." "There [They] are now opening new stores..." "They [There] are already rumours..."

    • @PhilhellenicAgori
      @PhilhellenicAgori 6 років тому

      stop saying Netherlands ffs

  • @calebr7199
    @calebr7199 7 років тому +171

    Do east india company next

    • @tatiatus3382
      @tatiatus3382 7 років тому +4

      Orange Boy yes

    • @unassumingaccount395
      @unassumingaccount395 7 років тому +5

      It's dead lmao.

    • @bottomup2504
      @bottomup2504 7 років тому +6

      KillMeWithPotato so what if it's dead, Google will be dead one day but that doesn't mean they didn't help us humans take longer leaps. It's part of history.

    • @deaththekid416
      @deaththekid416 7 років тому +4

      That or the south sea trading company

    • @afaxmachine5045
      @afaxmachine5045 6 років тому

      deaththekid416 extra history did that

  • @Mr_Simmons
    @Mr_Simmons 7 років тому +1

    This is by far your most polished, quality video yet. The picture effects are just amazing. keep on doing what ya doing! Your so close to 200K subs as well! congrats!

  • @Hammerhead547
    @Hammerhead547 7 років тому +19

    HBC completely rebranded themselves in 2010 getting away from trying to compete with lowrent brands like Walmart and went back to what they always did best: selling high quality goods for reasonable prices and they're thriving now.

  • @robertspadorcia8175
    @robertspadorcia8175 7 років тому +22

    I'm surprised you didn't mention the undervalued wealth the company has in all of its real-estate holdings.

  • @waynefernandes8371
    @waynefernandes8371 7 років тому +7

    Canadian Busisnes being featured, I love it, black berry, hudsons bay, next you should do Tim Hortons

  • @rightwingpop
    @rightwingpop 6 років тому +3

    I like how he puts a picture of the battle of New Orleans and replaces the flag flying over the battle with a French instead of American.

  • @viniislaif1532
    @viniislaif1532 7 років тому +3

    Great editing, one can see that you put a lot of love and effort into your videos! Gute arbeit

  • @Corard
    @Corard 7 років тому

    This is definitely your best video yet, the editing is sooooooooo smooth!! The parallax effects makes it a lot more interesting to watch, especially for a fellow video editor!!

  • @ughcreature
    @ughcreature 7 років тому +10

    i don't know what hudson's bay is or why i need to know but this video makes me glad i know this information

    • @jacquesfrancois4275
      @jacquesfrancois4275 7 років тому

      -watches the video
      -still isn't sure what the video is about

  • @chulebam
    @chulebam 7 років тому +1

    You really make this guys look good, you forgot to mention the violence used in pretty much every phase of your story.

  • @MatthewLekoutovich
    @MatthewLekoutovich 7 років тому +62

    ending was completely rushed over. The Hudsons bay now is thriving, probably one of the most popular retail stores in Canada. They sell a lot of the best brands

    • @lamondhaughton1598
      @lamondhaughton1598 7 років тому +6

      Matthew Lekoutovich
      Thriving ?no no HBC is in trouble like Sears is now. I live in Toronto it all over the news

    • @MatthewLekoutovich
      @MatthewLekoutovich 7 років тому +2

      LAMOND HAUGHTON yah I’m wrong my bad

    • @firesidefighter3903
      @firesidefighter3903 7 років тому +1

      sixtopia

    • @alexcheetah79
      @alexcheetah79 6 років тому +1

      I live in the greater Toronto area, and I haven't shopped at the Bay in years.

  • @jonathanacuna
    @jonathanacuna 7 років тому

    Wow, each video it's awesome to see your editing skills get better. Always fascinating to learn about the start and rise of these large businesses. Keep em comming ha!

  • @Iluvbabaganush123
    @Iluvbabaganush123 7 років тому +2

    There's a couple of mistakes with this. Radisson did not get his furs confiscated. There was a fine and then he had to pay taxes on it, which him and de grosseliers (his brother In law) did not want to do. So they escaped hidden in a band of first Nations and then escaped to Boston to sell the furs. You should read his journal. Which is his first hand account on what happened. Its quite cool. Btw I really like the fact you used some paintings from the people who actually lived through the fur trade. Really good video.

    • @twokan01
      @twokan01 6 років тому

      Hi Simar, great comment. You might enjoy a book called "Caesars of the wilderness" by Grace Lee Nute. Our Family sees Medard Chouart Sieur Des Groseilliers as the lead on this in history. Yes, Pierre Esprit Radisson was Medard's brother in-law. K. A. Gervais

  • @Striveofficial
    @Striveofficial 7 років тому +39

    Amazing video, as always! Maybe you could do a video on Uber or AirBnB next?

    • @ericallen7605
      @ericallen7605 7 років тому

      Knowledge Headquarters uber would be interesting

    • @AhmedKachkach
      @AhmedKachkach 7 років тому

      There's a nice book telling the story of both in a lot of details: The Upstarts.

  • @zane990
    @zane990 7 років тому +2

    Another great and informational video

  • @rowland5951
    @rowland5951 7 років тому +142

    Siemens please!!!!!

    • @GetUnrealistic
      @GetUnrealistic 7 років тому +1

      Do you mean the retailer Simons or the German Siemens? I am not familiar with the latter

    • @pavelhoral
      @pavelhoral 7 років тому +1

      Would love to hear its backstory.

    • @rowland5951
      @rowland5951 7 років тому +1

      Pavel Horal I been asking for this for about 4months now.

    • @jonasjezussek6882
      @jonasjezussek6882 6 років тому

      yeahhhh

    • @yashgadhavi6385
      @yashgadhavi6385 6 років тому

      Jonas Jezussek yea

  • @BloodRider1914
    @BloodRider1914 7 років тому +8

    I always thought the hbc was just a company that owned most of Canada for a while

  • @chewits5843
    @chewits5843 7 років тому +29

    You should do General Motors

  • @pauldonofrio8946
    @pauldonofrio8946 6 років тому

    I really did like this channel! The past week I’ve been bingeing on videos of a new business I had never thought of having a great history. Knowing the history of HBC quite well has made me second guess if all the other videos are as lazy and rushed.

    • @MrYoungzay
      @MrYoungzay 3 роки тому

      They don’t have to cover the entire history just for it to be a good video

  • @Adam-td7xy
    @Adam-td7xy 7 років тому

    Looks like you improved your editing skills. Nice.

  • @malacki6554
    @malacki6554 6 років тому +3

    Do East India Company next

  • @MerganNaidoo
    @MerganNaidoo 7 років тому +1

    Almost 400 years that's a good run

  • @marcbiele8020
    @marcbiele8020 6 років тому +1

    The Hudson Bay is the Gate to the North-West-Passage, sometimes blocked by ice on the Sea. But the ice could be under-rounded by trade submarines like for example the Typhoon Class (the Antonow of the submarines), much bigger than each airplane could be and dive under ice-layors of a few hundred metres making a dream of humanity real. Many truck loadings could be loaded there on, not as on a Triple-E, but many, as on river-transport boats (Danubia, Rhine etc.)
    The economy-geografics are to find the best and most efficiant route for that purpose.

  • @rhysellec3531
    @rhysellec3531 2 роки тому

    cool this will shurly help in my exam

  • @Eremtek
    @Eremtek 7 років тому

    A Canadian company :)
    Your videos are informative and easy to digest!
    Do Deloitte next!

  • @ImKibitz
    @ImKibitz 7 років тому

    Wow the writing and animations of this episode are amazing! Great job!

  • @laurens7704
    @laurens7704 7 років тому +1

    the dutch voc might be an intresting video idea. adjusted for inflation it was the richest company ever!

  • @SECONDQUEST
    @SECONDQUEST 7 років тому

    Great, informative video!

  • @StanislavG.
    @StanislavG. 7 років тому

    The first image (the one of the shopping mall) is of Dizengoff Center in Tel Aviv. Feels kindda weird to see a place you know well in a video :)

  • @bepsi6204
    @bepsi6204 7 років тому

    I love your videos

  • @PhilhellenicAgori
    @PhilhellenicAgori 6 років тому

    got my watch fixed bought shoes and a new shirt yesterday from the bay at oakridge :D

  • @elilastnamington9808
    @elilastnamington9808 6 років тому +2

    Hmm UA-cam weird how I was just watching a show on Netflix about hbc and didn’t google anything about it but had my phone near the speakers...

  • @TheTravelingBreeze
    @TheTravelingBreeze 7 років тому

    Great video thanks

  • @ktefccre
    @ktefccre 2 роки тому

    I haven't been to a HBC store in years... I have been wondering what's keeping the HBC afloat nowadays

  • @ge8406
    @ge8406 7 років тому

    Stunning visuals on this one!How did you achieve this "cinematic" effect on pictures?

  • @pummisher1186
    @pummisher1186 7 років тому +10

    It's hard to compress 400+ years into an 8 minute video. The HBC story could be a three hour video.

  • @lj7387
    @lj7387 4 роки тому +2

    3:16 When you have a pic of the Battle of New Orleans with Andrew Jackson standing next to a French Flag, Smh.

  • @tuts351
    @tuts351 7 років тому +4

    clicked as fast as I could 😂

  • @Duivenzijnfascisten
    @Duivenzijnfascisten 7 років тому +4

    0:45, since a few months it's alsow available in the Netherlands whoops

  • @juancq7789
    @juancq7789 2 роки тому

    I wanna travel one day on Hudson Bay

  • @eyreland
    @eyreland 7 років тому

    HBC still sets the North American fur prices as a mercantile exchange, something that even the powerful Walmart cannot do ... but the Canada it helped to create (due to the global warming) is much less in need of furs of any kind.

  • @ItsZ3DD
    @ItsZ3DD 7 років тому +1

    The entered the Netherlands very recently!

  • @theodoros_1234
    @theodoros_1234 7 років тому

    I actually use tab for a cause

  • @denepride2910
    @denepride2910 6 років тому +1

    What built North America...

  • @victorviereck4117
    @victorviereck4117 6 років тому +2

    Don't call the manifest destiny murderers, heroes.

  • @acau93
    @acau93 7 років тому

    I vote for the Dutch VOC!

  • @frood801
    @frood801 7 років тому +5

    Is no one else gonna notice his picture for "skirmeshes with the french" is a painting of the battle of new orleans during the war of 1812?

  • @zyphicx9868
    @zyphicx9868 7 років тому

    A video about Nokia would be interesting!

  • @tacowilco7515
    @tacowilco7515 6 років тому

    My wife worked in HBC sales. She told me HBC also get very cheap junk from China. When employees unload trucks - they have skin rush because all of the goods are very dirty and covered with factory dust.

  • @NullPxl
    @NullPxl 6 років тому

    No sources in the description :(

  • @heretic8864
    @heretic8864 7 років тому +1

    Buisness casual. Can you make a vid about the bike giant "giant"

  • @sarah7755
    @sarah7755 7 років тому +1

    Arn't they expanding to the Netherlands?
    If HBC goes under, what happens to all the Olympic gear?!

  • @Randomdeath5
    @Randomdeath5 7 років тому +1

    do the story of american motors corporation - its quite tragic

  • @TheOnionMonkey
    @TheOnionMonkey 7 років тому +1

    Should have included more info

  • @masonluke9378
    @masonluke9378 7 років тому

    It would be great if you did one on Smith & Wesson!

  • @luckydhiman
    @luckydhiman 7 років тому

    Awesome video as usual! Just one thing music is louder than normal. it's making difficult to focus on your voice.

  • @Iamafafr
    @Iamafafr 7 років тому

    **Sips tea**

  • @stunttaco2672
    @stunttaco2672 7 років тому

    3:15 that's Andrew Jackson (an American not French). The painting is by Edward Percy Moran and it shows the battle of New Orleans (January 8, 1815). Also the French flag in this pic is just a Ameircan one in the original. Other than that, great vid

  • @Faction
    @Faction 5 років тому +1

    if you are a roblox the northern frontier player: you'll be thinking it is a military group

  • @AV-fd5wn
    @AV-fd5wn 7 років тому

    make a video on *Cirque du Soleil* please

  • @polo-pr9ln
    @polo-pr9ln 7 років тому

    Virginia company please? (Virginia slims) I recently learned about it and it is very interesting.

  • @Austrian_Butcher
    @Austrian_Butcher 5 років тому +3

    Who does also play TNF? just leave a like so ik

  • @khansakib9167
    @khansakib9167 5 років тому

    Hey , Please make a video on De Beers Company

  • @Antoine.Gagnon
    @Antoine.Gagnon 7 років тому

    The ending was steep but great video none the less

  • @Giaayokaats
    @Giaayokaats 7 років тому

    I have mixed feelings about this video. On one hand, I'm glad to see a channel I enjoy tackle a subject that I care a lot about. On the other, while the broad strokes are largely correct, a lot of the details are not.
    Also, please don't call us halfbreeds. While historically correct, that term has long-since fallen into disuse since a) few "halfbreeds" are 50/50; b) breed has an animalistic connotation; and c) it implies that we are somehow incomplete as a people.

    • @Giaayokaats
      @Giaayokaats 7 років тому

      Also, you missed the​ entirety of Metis history.

    • @CoWinkKeyDinkInc
      @CoWinkKeyDinkInc 7 років тому

      I agree too, like how does someone fuck up so badly on a video involving the First Nations they didn't even use the word Métis to describe a "half breed"?? This dumbass clearly did no research.

  • @evanwheeler634
    @evanwheeler634 7 років тому +1

    3:16 Isn’t that a painting depicting Andrew Jackson fighting the British in New Orleans in the war of 1812? The American flag was made a French flag, and the painting has nothing to do with the French 😂

  • @fridericusrex9812
    @fridericusrex9812 7 років тому

    Galeria Kaufhof?

  • @pointingoutpoints3661
    @pointingoutpoints3661 5 років тому +1

    Any one here from TNF?

  • @ateram
    @ateram 4 роки тому

    3:16 that’s Andrew Jackson and battle of New Orleans

  • @bb3003
    @bb3003 6 років тому

    Calgary’s wasn’t built around a Hudson’s bay trading post it was built around a RCMP fort and it was Edmonton who was built around a Hudson’s bay post

  • @peterii3512
    @peterii3512 7 років тому

    Holy shit The Hudson’s bay company still exists?

  • @Atentoamusicamedianews1
    @Atentoamusicamedianews1 6 років тому

    beside a youtube channel should also have a blog so we can read before the youtube video less work also

  • @mouniraboud9010
    @mouniraboud9010 5 років тому

    Frontier anyone!!!!!!

  • @morthim
    @morthim 7 років тому

    i'm seeing a trend of businesses i've never heard of, struggling.

  • @bluecloud0993
    @bluecloud0993 7 років тому

    I am a Canadian

  • @yashgulave8366
    @yashgulave8366 3 роки тому

    You know your company is old when the first chief executive of your company was called governor instead of CEO...

  • @early7strikeland996
    @early7strikeland996 4 роки тому +1

    So many ads on one video

  • @eyreland
    @eyreland 7 років тому

    As usual, you forgot to mention the separation of HBC from its 'Northern Stores' into a full fledged different corporate entity circa 1989ish.
    The fur action houses were sold off in the 5 years+ previous to this event, however in Montreal via "How Its Made" the HBC still has an equivalent of the Chicago Mercantile Exchange BUT FOR FURS ONLY!
    Ommited or Notable :
    en.wikipedia.org/wiki/The_North_West_Company
    www.northwest.ca/operations/canada.php
    www.northmart.ca/
    I don't quite see Walmart killing off HBC, but the upcoming poleshift might ...

  • @marshall2881
    @marshall2881 7 років тому

    Yass winnipeg

  • @itsharris2345
    @itsharris2345 7 років тому

    You should do SIEMENS

  • @Lawliet734
    @Lawliet734 7 років тому

    Congratulations on narrating videos in English. Had I your accent, I would never have thought of doing that.
    6:58 Amazon Canada has not planned to open retail stores.

  • @deannastarr2507
    @deannastarr2507 2 роки тому

    This is clearly an American view at the end. The great recession of 2008 wasn't a thing in Canada. Hudson's Bay is the oldest company in Canada and it won't be shut down.

  • @Apevia21
    @Apevia21 7 років тому +1

    I miss Zellers

  • @frogfrager
    @frogfrager 7 років тому

    General motors please

  • @risannd
    @risannd 7 років тому

    Do Indofood, its instant noodle is sold around the world.

  • @farismuslimazmi
    @farismuslimazmi 7 років тому

    Cisco please !!!

  • @doombringernecromancer3110
    @doombringernecromancer3110 5 років тому +1

    I clicked on this cuz of roblox game Northern Frontier 😂 anyone else did the same ?

  • @hencrazy
    @hencrazy 7 років тому

    Hudson's Bay is now American-owned, press F

  • @Jor12345AKAJordan
    @Jor12345AKAJordan 7 років тому +1

    didnt hbc try to buy macys not sell them selves to them

  • @anissyahromi5671
    @anissyahromi5671 7 років тому

    Please do faber castell

  • @tomwesterwoudt2057
    @tomwesterwoudt2057 7 років тому

    Make a vid about Heineken

  • @hoangtrunganh
    @hoangtrunganh 7 років тому

    kodak and fujifilm please

  • @NoNo-qj3ef
    @NoNo-qj3ef 4 роки тому

    I heard this from roblox’s the northern frontier and north wind

  • @Jacno77
    @Jacno77 7 років тому +2

    hbc used to offer rifles for furs to the natives. They told them that a stack of furs needs to be as high as 1 rifle to get the rifle. I learned most of that in my history class in school, which was on a reservation. I don't really care if hbc goes out of business really, not for the history, but they sell overpriced everything.

    • @gregrepac6654
      @gregrepac6654 3 роки тому

      Not if you watch the sales. They regularly blow stuff out cheap. 50 to 70% off happens all the time.