Walmart renews agreement with Trace One

Trace One, a Boston-based provider of private brand product lifecycle management (PLM) solutions and transparency software for retailers, manufacturers and suppliers, said Walmart renewed its agreement for Trace One PLM.

“Private brand is a key driver of our growth; Trace One has provided a system and solution for our needs,” said Jack Pestello, senior vice president, private brands for Bentonville, Ark.-based Walmart.

Jerome Malavoy, Trace One CEO, said his company is "delighted and honored" about Walmart's decision.

“It’s a testament to the scale of our platform and the benefits of our solution," he said. "We look forward to continued success with Walmart.”