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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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Related topics : retail theft prevention systems rfid tags / benefits of rfid tags in retail / rfid retail supply chain / rfid tags retail+stores / rfid tags in retail stores

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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...

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Related topics : rfid technology retail stores / rfid retail inventory / rfid technology in retail industry / rfid tags used in retail / rfid technology retail

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,...

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Related topics : rfid future store / rfid tags retail+stores / rfid tags in retail stores / rfid retail stores / rfid store inventory