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OPERATIONS

Hudson’s Bay Co., whose holdings include Saks Fifth Avenue and Lord & Taylor, is the latest retailer to be hit with a data breach.

The department store giant said that it had become aware of “a data security issue involving customer payment card data” at select Saks Fifth Avenue, Saks Off 5th, and Lord & Taylor stores in North America. HBC said that while the investigation is ongoing, there is no indication at the current time that the breach impacted its e-commerce or other digital platforms.

According to a report by cybersecurity firm Gemini Advisory, debit and credit card information was stolen from more than five million customers who shopped in Saks and Lord & Taylor stores, with the majority of stolen credit card data obtained from New York and New Jersey locations. The firm said its preliminary analysis suggested that the hacking took place between May 2017 and the present.

“On March 28, 2018,…