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Hudson's Bay Queen Street (originally the Simpson's flagship store) is a department store building on Yonge Street in downtown Toronto, Ontario, Canada. It was designed by the Burke and Horwood architecture firm for Robert Simpson, and opened in 1896; it replaced the first store on the grounds founded in 1894, which burned down in 1895.

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In 1976, the building was designated as protected under the Ontario Heritage Act. It was the flagship store of the Simpsons department store chain, was acquired by the Hudson's Bay Company in 1978, and was converted to The Bay flagship store in 1991. The Hudson's Bay flagship store spanned 70,000 square metres (750,000 sq ft) of selling space, making it one of the largest department stores in Canada. HBC sold the building to Cadillac Fairview and officially became part of the Toronto Eaton Centre in 2014, although the two buildings have been connected by skybridge since the 1970s. The store officially closed on June 1, 2025. The complex connects to the nearby Bay Adelaide Centre, Queen Station and shared underground parking complex.

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