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RFID News Roundup
Checkpoint Systems, IMCo sign reseller agreement ••• Mid-States Poker Tour, The Venetian use RFID to let viewers watch poker matches ••• GlobalPlatform, IoT Connectivity Alliance sign memorandum of understanding ••• Ecofit, ServiceChannel partner on asset-management solution ••• STMicroelectronics to demo Internet of Things solutions in Asia.
Mar 29, 2018—
The following are news announcements made during the past week by the following organizations:
Checkpoint Systems, IMCo;
the Mid-States Poker Tour, The Venetian Las Vegas;
GlobalPlatform, IoT Connectivity Alliance;
Ecofit, ServiceChannel; and
Checkpoint Systems, IMCo Sign Reseller Agreement
Checkpoint Systems, a supplier of electronic article surveillance (EAS) systems and RFID solutions, and IMCo, a Germany-based provider of smart-shelf technology that offers loss-prevention solutions to help retailers combat organized retail crime, have announced an agreement by which Checkpoint will resell select IMCo's products in North America. Under the terms of the agreement, Checkpoint will market two solutions for addressing risks posed by professional thieves: Shelf Alert and Peg Hook Alert.
Shelf Alert uses specially designed shelf pushers to keep products organized and in front of shoppers. Its pattern-recognition algorithms identify when individuals remove products, then trigger a muted beep. In the case of unusual incidents, including products sweeps, the system sounds a louder alarm, which can be connected to existing security systems, such as video-monitoring or public-address systems. This alerts store personnel to approach the individual proactively at the shelf in a customer-friendly way.
The system enables retailers to present at-risk merchandise openly at all times, thus increasing sales while reducing theft. Shelf Alert is designed for merchandise such as cosmetics, facial care products, perfumes, shaving lotions, contraceptives, pregnancy testing kits, alcoholic beverages, coffee, infant formula and more.
Peg Hook Alert has an in-built mechanical slow-feed function to ensure that products can only be removed from each unit one at a time. It detects product removals and indicates them with a muted beep each time a product is taken. The system alarms if multiple goods are taken within a set period of time, providing a deterrent to shoplifting without compromising open merchandising.
Through the audible beeps and alarm, Peg Hook Alert notifies employees if potential shoplifters remove articles from shelves. This allows store associates to approach an individual in a service-oriented manner, minimizing the risk of escalation before they can reach an exit. Like Shelf Alert, it enables retailers to make high-risk merchandise fully accessible to shoppers, increasing sales while reducing shrinkage.
Peg Hook Alert is suitable for tracking razor blades and other products typically displayed on peg hooks (memory cards, ink cartridges, batteries, etc.). "ORC continues to play a large role in retail shrink losses," said Stuart Rosenthal, the VP of sales and marketing for Checkpoint's Alpha High-Theft Solutions, in a prepared statement, "and this agreement with IMCo enables us to provide a broader and highly preventive solution to our customers."
"We are excited about our partnership with Checkpoint in the North America," said Georg Hachmann, IMCo's CEO, in the prepared statement. "Thousands of our intelligent products have already been installed around the globe and retailers have seen, on average, losses reduced by 50 percent and sales increased by 10 percent. We expect similar results for Checkpoint customers."
The Shelf Alert and Peg Hook Alert solutions are both available immediately.
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