Lord & Taylor POS Data, EDI 852, Lord & Taylor Partners
Lord & Taylor, based in New York City, New York, is the oldest upscale, specialty-retail department store chain in the United States. Established in 1826, Lord & Taylor has built its reputation on service, quality and style. Lord & Taylor is wholly owned by NRDC Equity Partners, which operates under the Hudson's Bay Company umbrella of companies. NRDC bought the chain from Federated Department stores in 2006 as Federated sought to concentrate on the Macy's chain as Lord & Taylor conflicted with Macy's Bloomingdale's brand.
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Vendors may receive daily or weekly, store-level updates and restatements of SKU level POS sales and inventory activity. Once the data streams are initiated or vendor portals are activated, VELOCITY® can automatically acquire, cleanse, harmonize and transform the data into actionable analytics to produce measurable results.