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Department Stores Around The World
Department stores are an established retail format globally. The format has origins in France, the United Kingdom and United States, among many others. Americas Argentina In Buenos Aires, upscale department stores came during the early years of the 20th century. Gath & Chaves opened in 1905 and Harrods Buenos Aires was established in 1912. The Chilean department store Falabella (retail store), Falabella was one of the most prominent in the country, with branches in Buenos Aires, Córdoba, Argentina, Córdoba, San Juan, Argentina, San Juan, Mendoza, Argentina, Mendoza, and Rosario. Falabella left the Argentinian market by closing all its stores in 2021, due to COVID-19 effects, the economic crisis and the country's poor business situation, leaving the country without any department stores. Brazil Traditional department stores such as Mesbla and Mappin practically disappeared from Brazilian landscape in the 90s, with the upscale Daslu surviving until the late 2000s. Brazil's ...
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Freiman's
A.J. Freiman Limited, or Freimans ( ), was a landmark department store at 73 Rideau Street in Ottawa, Ontario, Canada, founded in 1918 by Archibald J. Freiman. History Archibald Jacob Freiman was born in Lithuania in 1880, and emigrated to Hamilton, Ontario. Freimans rose to become the most successful department store in Ottawa because of its prominent location at Mosgrove and Rideau Streets, its aggressive marketing and its low prices. The company also operated stores in Westgate and St. Laurent Shopping Centres, as well as discount stores called Freimart in Shoppers City West and Shoppers City East. Then owned by A.J. Freiman's son, Lawrence (who wrote a book about the store), Hudson's Bay Company acquired the company in 1972 and rebranded it to The Bay in 1973. The former Freimans store continued to operate as a retail store of The Bay until the chain's closure in 2025, and an adjoining arcade linking Rideau Street to the Byward Market is named the Freiman Mall in ho ...
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Ogilvy (department Store)
Holt Renfrew Ogilvy, formerly and still Colloquialism, colloquially Ogilvy (), is a luxury department store on Saint Catherine Street, Saint Catherine Street West in Montreal, Quebec, Canada. It was designed by David Ogilvy for his father James Angus Ogilvy, and opened in 1912. The store was acquired by Wittington Investments (owned by the Weston family) in 2011, which finished renovating, expanding, and consolidating the nearby Holt Renfrew department store on Sherbrooke Street, Sherbrooke Street West into the Ogilvy building in 2020. It spans of selling space, and is nicknamed the "grande dame of Saint Catherine Street" as the only one of four major west-end stores in the city to retain its original name. Ogilvy originated as a dry goods store in 1866, and moved to the corner of Saint Catherine Street, Saint Catherine Street West and De la Montagne Street in 1912. It was a full-line department store by 1920, and today houses several store-within-a-store departments for luxury ...
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Canadian Tire
Canadian Tire Corporation, Limited () is a Canadian retail company which operates in the automotive, hardware, sports, leisure and housewares sectors. Its Canadian operations include: Canadian Tire (including Canadian Tire Petroleum gas stations and financial services subsidiary Canadian Tire Bank), Mark's, FGL Sports (including Sport Chek, Sherwood Hockey, and Sports Experts), PartSource, and the Canadian operations of Party City. Canadian Tire acquired the Norwegian clothing and textile company Helly Hansen from the Ontario Teachers' Pension Plan in 2018. In 2025, Canadian Tire purchased intellectual properties and brandings of the former Hudson's Bay Company. Canadian Tire is known for its Canadian Tire money, a loyalty program first introduced in 1958 using paper coupons that resemble banknotes. The company's head office is located at the Canada Square (Toronto), Canada Square Complex in Toronto, Ontario, and it is listed on the Toronto Stock Exchange. It is a participant in ...
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Target Canada
Target Canada Co. was a short-lived Canadian subsidiary of the Target Corporation, the eighth-largest retailer in the United States. Formerly headquartered in Mississauga, Ontario, the subsidiary formed with the acquisition of Zellers store leases from the Hudson's Bay Company (HBC) in January 2011. Target Canada opened its first store in March 2013, and by January 2015 was operating 133 locations throughout Canada. Its main competition included Walmart Canada, Loblaws, Shoppers Drug Mart, and Canadian Tire. Target Canada was ultimately unsuccessful, owing in part to an overly aggressive expansion initiative, in addition to higher prices and a limited selection of products compared to Target stores in the United States and its Canadian rivals, particularly Walmart. The retail chain racked up losses of $2.1 billion in its lifespan, and was widely viewed as a failure, termed a "spectacular failure" by Amanda Lang of CBC News, "an unmitigated disaster" by ''Maclean's'' magazine an ...
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Zellers
Zellers was a Canadian discount store chain founded by Walter P. Zeller in 1931. It was acquired by the Hudson's Bay Company (HBC) in 1978, and after a series of acquisitions and expansions, peaked with 350 locations in 1999. However, fierce competition and an inability to adapt during the early stages of the retail apocalypse resulted in Zellers losing significant ground in the 2000s. In January 2011, HBC announced that it would sell the lease agreements for up to 220 Zellers stores to the US chain Target for $1.825 billion. In turn, Target announced its intention to convert many of them to Canadian locations of Target, and re-sell the remainder to other parties such as Walmart Canada, resulting in their liquidation and eventual closure. While HBC initially retained 64 Zellers locations, it announced on July 26, 2012, due to their lack of profitability, all of them would be liquidated and closed by March 31, 2013. Ultimately, all but three selected stores were closed in 2 ...
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Hudson's Bay Company
The Hudson's Bay Company (HBC), originally the Governor and Company of Adventurers of England Trading Into Hudson’s Bay, is a Canadian holding company of department stores, and the oldest corporation in North America. It was the owner of the namesake Hudson's Bay (department store), Hudson's Bay department stores (colloquially The Bay), and also owns or manages approximately of gross leasable real estate through its HBC Properties and Investments business unit. HBC previously owned the full-line Saks Fifth Avenue and off-price Saks Off 5th in the United States, which were spun-off into the Saks Global holding company in 2024. After incorporation by royal charter issued in 1670 by Charles II of England, King Charles II, the company was granted a right of "sole trade and commerce" over an expansive area of land known as Rupert's Land, comprising much of the Hudson Bay drainage basin. This right gave the company a monopoly, commercial monopoly over that area. The HBC functioned ...
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Fur Trade
The fur trade is a worldwide industry dealing in the acquisition and sale of animal fur. Since the establishment of a world fur market in the early modern period, furs of boreal ecosystem, boreal, polar and cold temperate mammalian animals have been the most valued. Historically the trade stimulated the exploration and colonization of Siberia, northern North America, and the South Shetland Islands, South Shetland and South Sandwich Islands. Today the importance of the fur trade has diminished; it is based on pelts produced at fur farms and regulated fur-bearer trapping, but has become controversial. Animal rights organizations oppose the fur trade, citing that animals are brutally killed and sometimes skinned alive. Fur has been replaced in some clothing by synthetic fiber, synthetic imitations, for example, as in ruffs on hoods of parkas. Continental fur trade Russian fur trade Before the European colonization of the Americas, Russia was a major supplier of fur pelts to W ...
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Specialist Store
A specialty store is a shop/store that carries a deep assortment of brands, styles, or models within a relatively narrow category of goods. Furniture stores, florists, sporting goods stores, and bookstores are all specialty stores. Stores such as Athlete’s Foot (sports shoes only) are considered superspecialty stores. A category killer is a specialty store with a high volume of sales and extensive product selection within its category. Specialty stores compete with other types of retailers such as supermarkets, showrooms, jewelry, department, big box, general, hardware and variety store A variety store (also five and dime (historic), pound shop, or dollar store) is a retail store that sells general merchandise, such as apparel, auto parts, dry goods, toys, hardware, furniture, and a selection of groceries. It usually sel ...s. References Retail formats {{Business-term-stub ...
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World War II
World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the world's countries participated, with many nations mobilising all resources in pursuit of total war. Tanks in World War II, Tanks and Air warfare of World War II, aircraft played major roles, enabling the strategic bombing of cities and delivery of the Atomic bombings of Hiroshima and Nagasaki, first and only nuclear weapons ever used in war. World War II is the List of wars by death toll, deadliest conflict in history, causing World War II casualties, the death of 70 to 85 million people, more than half of whom were civilians. Millions died in genocides, including the Holocaust, and by massacres, starvation, and disease. After the Allied victory, Allied-occupied Germany, Germany, Allied-occupied Austria, Austria, Occupation of Japan, Japan, a ...
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Great Depression
The Great Depression was a severe global economic downturn from 1929 to 1939. The period was characterized by high rates of unemployment and poverty, drastic reductions in industrial production and international trade, and widespread bank and business failures around the world. The economic contagion began in 1929 in the United States, the largest economy in the world, with the devastating Wall Street stock market crash of October 1929 often considered the beginning of the Depression. Among the countries with the most unemployed were the U.S., the United Kingdom, and Weimar Republic, Germany. The Depression was preceded by a period of industrial growth and social development known as the "Roaring Twenties". Much of the profit generated by the boom was invested in speculation, such as on the stock market, contributing to growing Wealth inequality in the United States, wealth inequality. Banks were subject to laissez-faire, minimal regulation, resulting in loose lending and wides ...
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Woodward's
Woodward's Stores Ltd. was a department store chain that operated in Alberta and British Columbia, Canada, for 101 years, before its sale to the Hudson's Bay Company. History Charles Woodward established the first Woodward store at the corner of Main and Georgia Streets in Vancouver in 1892. On September 12, 1902, Woodward Department Stores Ltd. was incorporated, and a new store was built on the corner of Hastings and Abbott Streets. In 1926 a store was opened in Edmonton and by the late 1940s the company operated numerous stores in British Columbia and Alberta. Stores opened included Victoria in 1945, Port Alberni in 1948, Park Royal Shopping Centre in West Vancouver in 1950, New Westminster in 1954, Westmount Shopper's Park in Edmonton in 1955, Oakridge Centre (where Woodward's was the owner and anchor tenant) in 1959, Chinook Centre in Calgary in 1960, Victoria in 1963, Northgate Centre in Edmonton in 1963, and Prince George and Guildford Town Centre in Surrey in 196 ...
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