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Retailers embrace RFID for loss prevention benefits ...
Retailers embrace RFID for loss prevention benefits
April 19, 2012
When retailers build a business case for deploying RFID, they often start with the improved inventory accuracy that the technology can deliver.
"We were very focused on inventory accuracy," says Bill Connell, senior vice president of logistics and operations at Macy's. "Our journey began with achieving the benefits from accurate...
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Video: RFID's impact on the retail store floor
February 20, 2017
Retailers large and small continue to embrace RFID technology for the improved inventory accuracy that it provides, as well as for benefits such as loss prevention. Without RFID, inventory accuracy hovers near 65 percent when bar codes are used. With RFID, retailers are...
Future Store RFID | RFID24-7.com
RFID-enabled Future Store set to become a reality in Russia
November 21, 2012
The time has arrived for the "Future Store" in Russia. In June 2011 RFID 24-7 reported about a consortium of companies in Russia that had banded together to conduct research on the Future Store, an RFID-enabled retail strategy that would increase inventory visibility, reduce the need for checkouts and allow stores to run with minimal staffing.
A Future Store pilot will open in Russia next month.
That research is coming to fruition. According to RFID hardware supplier Nordic ID, the project will be commercialized in 2013,...