News

Retailers pilot new shrink management tech

June 19, 2008

THOROFARE, N.J. — Checkpoint Systems Inc., a manufacturer and marketer of identification, tracking, security and merchandising solutions for the retail industry and its supply chain, announced that a number of major retailers are now piloting its Evolve shrink management technology, which was introduced earlier this year.

Retailers now utilizing the Evolve products include Anchor Blue, Babies R Us, CVS, LensCrafters, Kohl's, Toys R Us, Vans and Wilsons.

Evolve is Checkpoint's next-generation suite of electronic article surveillance (EAS) products. Evolve solutions provide retailers with a highly-scalable EAS system that helps reduce shrink, boost profitability and improve the customer shopping experience. In tandem with RFID technology, Evolve can also increase inventory visibility and accuracy through its in-store tracking capabilities.

Featuring improved radio frequency (RF) tag detection, smart alarm management (SAM) to improve system integrity, and a software defined radio (SDR) that can support multiple EAS and RFID tag frequencies, Evolve significantly improves the performance of traditional EAS technologies and provides retailers with a migration path for RFID adoption.