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Tyco Retail Solutions Successfully Addresses Store Performance and Security
Needs of Retailers
Introduction of innovative new RFID-based applications for
Traffic, Inventory and Display Execution drive customer adoption worldwide
 NEUHAUSEN,
Switzerland — December 12, 2013 — Tyco Retail Solutions (www.tycoretailsolutions.com),
a leading global provider of retail performance and security solutions, today
announced the company has completed another successful year. As the retail
industry undergoes technology-driven transformation, Tyco Retail Solutions
continued to deliver innovative new software and hard tag offerings that enable
retailers to maximize profits and enhance the shopper experience. Those efforts
were recognized across the industry with a number of new customer wins and
numerous industry awards.
Among the most significant 2013 milestones, Tyco Retail Solutions expanded its
inventory intelligence solutions with targeted RFID applications to create more
value for retail customers. Record revenue was achieved for its global source
tagging program with five percent growth and more than 15 Visible Source Tagging
(VST) hard tag customers. The company was the first to protect over one billion
consumer apparel items annually for its genuine Sensormatic brand anti-theft
source tagging program which underscores Tyco Retail’s leadership position as
source tagged goods arrived in more than 10,000 stores across every continent.
2013 Highlights
Customer Successes:
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Inventory intelligence solutions gained rapid growth with
more than 10 global retailers in over 1,500 stores adopting RFID item-level
inventory intelligence solutions to combat mission-critical issues such as poor
inventory accuracy. |
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Deployed targeted RFID Display Execution applications
installed at several retailers. Saks Fifth Avenue was one of several leading
retailers to deploy Tyco Retail’s RFID-enabled TrueVUE Inventory Display
Execution application for management of footwear departments. |
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Tyco Retail’s Traffic Intelligence solution expanded into
high growth Asian markets, adopted by retailers Belle International and FJ
Benjamin to optimize store performance. |
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One of the world's largest fashion retailers continued to
expand use of recirculated Sensormatic AM/RFID hard tags with hundreds of
millions of tags through an innovative lower cost recirculation model. |
Industry Awards:
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Winner, 2013 Store Operations Superstar Award, Retail
TouchPoints, Saks Fifth Avenue RFID-based display execution implementation. |
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Winner, 2013 Supply & Demand Chain Executive 100, RFID supply
chain program with a major department store retailer. |
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Winner, 2013, Green Supply Chain Award, Supply & Demand Chain
Executive. |
Product Innovation:
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Released RFID-Based Inventory Display Execution application,
the first targeted application through the TrueVUE Platform to help retailers
derive value from RFID solutions. |
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Expanded sensor portfolio with over 15 new Sensormatic hard
tags, including innovative tags for accessories, delicate apparel and high-heel
pumps. |
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Launched value-based EAS & Traffic Intelligence hosted
offering to round out managed services portfolio. |
“We
closed 2013 on a high note, marked by great performance and outstanding wins
with retailers worldwide,” said Nancy Chisholm, Vice President and General
Manager, Tyco Retail Solutions. “Over the course of the year, we accelerated our
offerings in both security and store performance to complement and enhance each
other to better serve the growing needs of our retail customers. We will
continue to drive innovative solution development in the year ahead to ensure we
help our customers stay ahead of the demands of the market.”
Watch our new video, Tyco Retail Solutions-Driving our Industry Forward.
About Tyco Retail Solutions
Tyco Retail Solutions is a leading global provider of integrated retail
performance and security solutions, deployed today at more than 80 percent of
the world’s top 200 retailers. Customers range from single-store boutiques to
global retail enterprises. Operating in more than 70 countries worldwide, Tyco
Retail Solutions provides retailers with real-time visibility to their inventory
and assets to improve operations, optimize profitability and create memorable
shopper experiences.
The Tyco Retail Solutions portfolio for retailers is sold direct through Tyco
businesses and authorized business partners around the world. For more
information, please visit
TycoRetailSolutions.com or follow us on
LinkedIn,
Twitter, and our
YouTube channel.
Contact:
Julie Crotty
Attune Communications
+1 (978) 877-0053
julie@attunecommunications.com |
