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Russia's Future Store Seeks a Supermarket for Its RFID Solution
The Russian joint venture is winding down a pilot deployment of its item-level RFID system, including smart shelves and RFID-based self-checkout terminals.
Apr 02, 2013—
Future Store LLC, a Russian joint venture that is developing item-level radio frequency identification technology for supermarkets, is currently in the process of selecting a Russian retailer and a specific store location at which to launch the first commercial pilot of its solution. The venture is owned by X5 Retail Group, the country's largest food retailer, Rusnano, a Russian agency dedicated to nanotechnology development, and Sitronics, a Russian technology firm.
The Future Store is nearing the end of its RFID pilot program at a test store being operated at X5's headquarters in Moscow. The joint venture hopes to see its RFID solution adopted by a commercial supermarket open to the general public by later this summer. The store is expected to be located in Moscow, but which specific retailer will operate it has yet to be determined.
X5 operates 3,472 stores, including the Pyaterochka discount grocery chain and the Perekrestok supermarket chain. Approximately two years ago X5, Rusnano and Sitronics formed Future Store LLC, with the aim of creating a complete RFID solution that could be deployed within food stores. The result, now being tested at X5's headquarters, is intended to increase efficiency at the point of sale (POS), improve inventory management, better control product expiration and speed up goods receiving. "Our main target is increasing the speed of trading processes," says Olga Karaeva, Future Store's director general.
Initially, Future Store employed consulting services from the Institute for Systems Analysis, the Russian Academy of Sciences and IT services company Capgemini. The company developed 15 unique use cases for the RFID technology, several of which were selected, including tracking inventory on shelves, self-checkout by customers and electronic article surveillance.
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