More than 10 global fashion retailers & department stores launch RFID pilots with Tyco to address poor inventory accuracy and support omni-channel retailing
NEUHAUSEN, Switzerland — July 31, 2013 — Tyco Retail Solutions (www.tycoretailsolutions.com), a leading global provider of retail performance and security solutions, today announced continued momentum with RFID inventory intelligence solutions, noting significant new pilots and extended roll-outs at retailers around the globe. A trusted resource for more than 45 years, Tyco Retail Solutions expects 10 leading global fashion retailers and department stores to pilot or extend pilots or full deployments of RFID item-level inventory intelligence solutions this summer. This expansion represents an addition of more than 350 stores worldwide at some of the retail elite.
According to a recent article by Bill McBeath of ChainLink Research, “Retail is going through huge transformative changes. Retailers, who are typically cautious about technology spending, are taking bold steps, catalyzed by the need to provide full omni-channel integration, a differentiated customer experience, and improved margins. These are enabled by new technology developments in cloud solutions, wireless, mobile, payment, in-store technologies, and RFID. In fact, RFID is a core foundation that unlocks item-level, context-aware intelligence and utility that is the basis for many of the changes we are undergoing in retail, such as self-checkout, location-based services, mobile shopping and promotions, smart mirrors and dressing rooms, warranty management, asset tracking, store management/optimization, inventory management, loss prevention, and much more.”
Retailers around the world are realizing the immediate benefits of RFID to combat mission-critical issues like poor inventory accuracy and trust Tyco Retail Solutions to successfully combat these issues. A market leader for RFID-based inventory intelligence solutions, Tyco Retail Solutions has the depth of experience to help today’s biggest retailers gain accurate item-level visibility across all stores, laying the foundation for a successful omni-channel retail strategy.
Based on more than 1,000 successful store installations, Tyco Retail Solutions understands the value of a structured and scalable RFID pilot to demonstrate ROI along the way, and touts a proven track record in helping take retailers from successful pilots to full deployments, generating value for multiple stakeholders throughout the process. As RFID continues to gain momentum and prove value, more and more retailers around the globe are turning to Tyco Retail Solutions as an experienced and trusted partner to execute a successful RFID roll-out.
“We firmly believe in the relevancy and influence of the retail store and will continue to invest in solutions designed to help improve store performance, ensure security and support an omni-channel strategy,” said Nancy Chisholm, vice president and general manager, Tyco Retail Solutions. “With a keen eye towards increasing sales and improving customer satisfaction, our global customers acknowledge the immediate and dramatic results of RFID to improve the retail environment and support the needs of today’s savvy consumer. We are grateful to partner with some of the biggest names in retail on innovative and effective RFID initiatives.”
To learn more about Tyco Retail Solutions RFID Inventory Intelligence Solutions, please visit our solutions page.