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Hudson’s Bay Company Taps QuantiSense to Improve Retail Analytics, Transition to Cost Method of Inventory Accounting

Tuesday, November 10, 2009

QuantiSense today announced that Hudson’s Bay Company has selected its retail analytics and business intelligence application to help standardize the company’s enterprise-wide approach to inventory accounting. Hudson’s Bay Company is Canada’s largest diversified general merchandise retailer with more than 600 retail locations across the country under the banners Zellers, the Bay, Home Outfitters, and Fields. The company’s North American parent company, Hudson’s Bay Trading Company (HBTC), also owns and operates Lord & Taylor, the well-known department store located in fine malls across the United States.

The QuantiSense solution will source data from Hudson’s Bay Company’s existing Teradata data warehouse, which serves more than 4,000 users, as well as from Retek and SAS’s planning solution. “We were looking for an exception-driven merchant reporting and analysis tool that would leverage our existing technology stack and investment without replicating underlying data,” said Thomas Schuetz, VP of IT Development and Support for Hudson’s Bay Company.

Article sourced from www.businesswire.com, click here to read full story.

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