 The company sold most of its European operations by August 2019 and its remaining stores, in the Netherlands, were closed by the end of 2019.HBC owns the Saks Fifth Avenue and Saks Fifth Avenue Off 5th stores in the United States; most other American operations were sold by mid-2019 and the last remaining stores (Lord & Taylor chain) were sold prior to the end of 2019.The company's namesake business division is Hudson's Bay, commonly referred to as The Bay ( in French).