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Today's story: The Hudson’s Bay Company started as a fur trading monopoly in British North America, thanks to a royal charter signed by King Charles II. It later became a retail empire with department stores across Canada. But after years of falling sales and intense competition from big-box and online retailers, the company shut down for good in 2025. Transcript & Exercises: https://plainenglish.com/835 Get the full story and learning resources: https://plainenglish.com/835 -- Plain English helps you improve your English: • Learn about the world and improve your English • Clear, natural English at a speed you can understand • New stories every week • Learn even more at PlainEnglish.com Mentioned in this episode: Hard words? No problem Never be confused by difficult words in Plain English again! See translations of the hardest words and phrases from English to your language. Each episode transcript includes built-in translations into Spanish, Portuguese, Chinese, German, French, Italian, Japanese, Polish, and Turkish. Sign up for a free 14-day trial at PlainEnglish.com