New Strategic Initiative to Enhance Open Merchandising and Improve
Consumers’ Shopping Experience
Company Website:
http://www.checkpointsystems.com
THOROFARE, N.J. -- (Business Wire)
Checkpoint
Systems, Inc., (NYSE: CKP), a leading global supplier of EAS
solutions, merchandise visibility and apparel labeling solutions for the
retail industry and its supply chain, today announced that it has been
chosen by Tesco
to implement a global EAS program to improve on-shelf availability of
products, open merchandising and the consumer shopping experience.
Having successfully installed EVOLVE
ECO in 1,250 Tesco Express Stores last year, Checkpoint has been
asked to fast track the roll out of its advanced RF solutions in more
than 900 of the retailer’s large formats Extra, Superstore and Metro
stores over the next few months, replacing the existing
acoustic-magnetic technology.
As part of the program, Tesco is upgrading its systems with the latest
EAS technology by installing Checkpoint’s EVOLVE ECO, high-performance,
energy-lean RF-EAS systems across Tesco’s entire estate in the UK.
EVOLVE ECO antennas provide energy savings of up to 75 percent over
existing competitive solutions, helping Tesco reduce its operational
costs and carbon footprint. The UK installation will be completed ahead
of Christmas.
George Babich, interim Chief Executive Officer and President, Checkpoint
Systems, welcomed the partnership and commented: “We are excited to be
partnering with one of the world’s leading retailers and support its
continuous quest to improve on shelf availability and enhance shoppers’
experience. With this roll-out, Tesco now has Checkpoint solutions
installed throughout the whole of the UK as well as North America and
Asia.”
About Tesco
Tesco is the UK's largest retailer and one of the world's leading
international retailers. Tesco has around 5,000 stores worldwide,
employing over 500,000 people in the 14 countries in which it operates.
Our core purpose is to create value for customers to earn their lifetime
loyalty. Our success depends on people: the people who shop with us and
the people who work with us.
About Checkpoint Systems, Inc. (www.checkpointsystems.com)
Checkpoint Systems is a global leader in shrink management, merchandise
visibility and apparel labeling solutions. Checkpoint enables retailers
and their suppliers to reduce shrink, improve shelf availability and
leverage real-time data to achieve operational excellence. Checkpoint
solutions are built upon 40 years of RF technology expertise, diverse
shrink management offerings, a broad portfolio of apparel labeling
solutions, market-leading RFID applications, innovative high-theft
solutions and its Web-based Check-Net data management platform. As a
result, Checkpoint customers enjoy increased sales and profits by
improving supply-chain efficiencies, by facilitating on-demand label
printing and by providing a secure open-merchandising environment
enhancing the consumer’s shopping experience. Listed on the NYSE (NYSE:
CKP), Checkpoint operates in every major geographic market and employs
5,600 people worldwide.
Twitter: checkpointsys
Contacts:
GCC, Inc. (for Checkpoint)
George Cohen, 617-325-0011
george@gccpr.com
Source: Checkpoint Systems, Inc.
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