Carrefour selects Checkpoint's Radio Frequency source tagging programme
01 Mar '06
3 min read
French supermarket giant Carrefour has signed a strategic agreement with Checkpoint Systems, the global leader in product identification and shrink management solutions, to roll-out the world's most ambitious 'source tagging' programme to reduce losses including customer and staff theft.
Carrefour's strategy to protect merchandise at the point of manufacture, will tap into Checkpoint's global network and provide the benchmark for other global retailers who collectively lost €32 billion to shrinkage last year (Source: European Retail Theft Barometer No 5 published by the Centre for Retail Research).
The eight-figure deal is a giant step forward for Checkpoint's Radio Frequency (RF) source tagging programme, as it creates a controlled and consistent environment for Carrefour's product protection worldwide.
The protection of merchandise at the point of manufacture frees up retail staff time by providing 'shelf-ready' protected items straight to stores, making it more difficult for shoplifters and dishonest staff to steal.
The agreement will also see Checkpoint's Digital RF technology being installed in all 179 Carrefour's hypermarkets in France. RF is rapidly becoming standard technology across Europe. This move will help all retailers improve product flows and effectively combat shoplifting which represented a loss more than €5 billion in France alone, according to the fifth edition of the European Retail Theft Barometer published in September 2005.
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