Wal-Mart to Expand RFID Rollout by 500 Locations

Wal-Mart yesterday issued a formal announcement of its plans to “aggressively” move forward with the deployment of RFID. The giant retailer will implement the technology at an additional 500 stores and clubs before the end of its fiscal year (January 31, 2007), bringing the total number of RFID-equipped locations to over 1,000.

Wal-Mart’s On Track to Hit Target

Wal-Mart’s On Track to Hit Target

The retailer says that by January, 500 more of its 3,900 stores will be using RFID technology to track goods entering their premises, bringing the total to 1,000.

Avery RFID Launches Tech Transfer, Buys Startup

Yesterday at the Labelexpo Americas show in Chicago, labeling giant Avery Dennison announced two new developments related to the company’s RFID business. The first is the launch of a technology transfer program for its label converter customers. The second is the acquisition of startup RFID tag manufacturer RF IDentics.

Robust Demand for RFID from Heavy Manufacturers

Research firm Frost & Sullivan recently evaluated the RFID market in the North American aerospace, automotive, and industial manufacturing verticals. The firms pegs the collective market value at $71.3 million last year, and predicts that it will grow at a rate of 17.9% through 2012, when it reaches $225.7 million.