From the Wires
Top Retailers Continue to Deploy RFID Solutions From Tyco
Tyco Retail Solution's RFID Inventory Intelligence Solutions Installed at More Than 1,000 Stores
Jan. 14, 2013 06:30 AM
NEW YORK, NY -- (Marketwire) -- 01/14/13 -- NRF Big Show 2013 Booth #2611 -- Tyco Retail Solutions (www.tycoretailsolutions.com), a leading global provider of retail performance and security solutions, continues to play a leading role in the market in retail RFID implementations. From tags to readers, software to professional services, Tyco Retail Solutions offers comprehensive RFID solutions to help top retailers turn technology innovation into tangible business value. Tyco's RFID solutions are installed today at more than 1,000 retail stores, providing critical item-level data and insights at both the store and the enterprise level. The company is on track to double the number of store locations implementing RFID by fall 2013 based on deployments currently underway. To learn more about Tyco Retail Solutions innovative RFID applications visit Tyco at the 2013 NRF Big Show (booth #2611) or visit www.tycoretailsolutions.com.
Retailers are under intense pressure to grow revenues while managing the bottom line and providing customers with a better in-store experience. Real-time access to item-level data has become a critical component to achieve those objectives. Tyco's RFID-based Inventory Intelligence solutions provide retailers with the insights they need to ensure inventory availability regardless of how the customer chooses to shop or receive goods. Retailers can gain visibility into inventory location across the enterprise to quickly and efficiently satisfy shopper demand.
In 2012 RIS News reported, "Item-level RFID technology has had its share of false starts and setbacks in the retail industry, but the current embrace has undeniable momentum, powered by solid test results and business use cases, deployments by major retailers and the promise of significantly lower per tag prices." The article goes on to say, "A big factor in the technology's resurgence is that the vastly improved inventory visibility the technology delivers is also a crucial requirement for operating in today's omni-channel, increasingly mobile retail environment..." As demand steadily increases, Tyco is expecting to have shipped over 750 million Sensormatic brand RFID tags (with the ability to be re-circulated) by the fall of 2013. In addition, Tyco's Sensormatic RFID device shipments are expected to grow over 250% by then.
"Industry experts and retailers agree the market for RFID has reached a tipping point. As the global standards and technology have evolved, pricing options have become more attractive and retailers are realizing RFID can deliver compelling benefits to the store and to the enterprise," said Nancy Chisholm, vice president and general manager, Tyco Retail Solutions. "We have been at the forefront of RFID from the very start, helping pioneering retailers implement solutions that drive real-world value and performance. Our breadth of offerings and commitment to innovation has driven top retailers across the globe to partner with us for RFID and other retail performance solutions."
To learn more about how Tyco Retail Solutions helps retailers leverage RFID for item-level inventory visibility please read our case study at http://bit.ly/TSlixo.
About Tyco Retail Solutions
Tyco Retail Solutions is a leading global provider of integrated retail performance and security solutions, deployed today at more than 80 percent of the world's top 200 retailers. Customers range from single-store boutiques to global retail enterprises. Operating in more than 70 countries worldwide, Tyco Retail Solutions provides retailers with real-time visibility to their inventory and assets to improve operations, optimize profitability and create memorable shopper experiences.
The Tyco Retail Solutions portfolio for retailers is sold direct through Tyco businesses and authorized business partners around the world. For more information, please visit www.tycoretailsolutions.com or visit www.YouTube.com/TycoRetailTV.
TYCO, SENSORMATIC, and the product names listed in this document are marks and/or registered marks. Unauthorized use is strictly prohibited.
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