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Hudson’s Bay selects TradeStone for merchandise lifecycle management software
TradeStone Software said Thursday that Hudson’s Bay Trading Co. has selected the company’s Merchandise Lifecycle Management solutions to unify the retailer’s design, sourcing, ordering and delivery of private-label and branded goods.
Hudson’s Bay Trading Co., parent company of Lord & Taylor and its namesake Canadian chain Hudson’s Bay Co., which operates more than 600 retail locations across its banners the Bay, Zellers, Home Outfitters and Fields.
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Visa launches new payment card security initiative
On Wednesday, Visa Inc. launched a new payment card security initiative that the company said could eliminate the need for retailers and other organizations to store full, 16-digit credit and debit card numbers on their systems.
The move comes in response to long-standing pressure from the National Retail Federation, which maintains that merchants should not be required to store the information because of security risks.
