After 350 years as a corporation, the Hudson Bay Company is dead. They raced to the bottom with their goods becoming worse by the year, until they were as cheaply made as goods from Walmart; but Wally World endures, basically a Chinese Factory Outlet. Far be it for me to explain how the economy works, when the “leader of the free world” has no clue! All I can do is write a song about it.
The Hudson Bay Company began in 1670 after Sieur des Grosselliers convinced Prince Rupert of England that he could get rich by trading into Hudson Bay and the great hinterland of the Canadian Shield, which was rich beyond dreams with fur bearing creatures just waiting to be skinned and made into hats.
For more history about the historic voyage of the ship Nonsuch in 1668, check out this site: https://www.thecanadianencyclopedia.ca/en/article/nonsuch
Better yet, watch this amazing film about building a replica of the Nonsuch, in England, in 1968 for the 300th anniversary of the founding of the company.
nathanguitars 
I bought my first CD player at the Bay and also my first CD. It was Tchaikovsky’s Serenade for Strings. It used to be so exciting to visit these grand stores.