Top retailers worldwide rely on Sensormatic merchandise source tagging program
to boost sales and reduce shrink
NEUHAUSEN, Switzerland, 2018-02-05 12:11 CET (GLOBE NEWSWIRE) --
Tyco Retail Solutions today announced it has surpassed 63 billion consumer
products source tagged to date, helping retailers protect more of what's in
store. Setting a retail industry milestone with Sensormatic merchandise source
tagging, the program has also achieved seven years of consecutive growth since
2011. Tyco's program is the largest in the industry, assisting the world's top
retailers to secure the most popular consumer and apparel items. Additionally,
source tagging can help reduce shrink by standardizing product-level
protection, while safeguarding virtually every product category.
The company's program encompasses source application of Electronic Article
Surveillance (EAS) one-time use labels and reusable hard tags. Today, the
majority of Sensormatic labels are applied by product manufacturers or
packaging companies at the source instead of in stores. Sensormatic source
tagging helps retailers drive sales as merchandise arrives "retail-ready" for
immediate placement on the sales floor. The program also enables sales
associates to focus on customers instead of the manual application of security
tags in-store.
With Tyco Retail Solutions' global presence and data-driven Sensormatic Source
Tagging as a Service (STaaS) program, retailers receive cost effective and
comprehensive merchandise protection with immediate results through a
Tyco-managed collaboration. Some record-setting Sensormatic source tagging
milestones include:
-- A quickly-growing and just over 2 year old program, STaaS enables retailers
to focus on the right items to tag as well as suppliers with the greatest
impact to help drive sales up, shrink down and labor savings
-- Over 63 billion consumer products tagged worldwide, helping retailers and
consumer packaged goods manufacturers reduce shrink and achieve consistent
tagging compliance
-- Over 40 million meat products protected last year with an embedded
microwave-safe label, helping safeguard this top theft category
-- Over 10 billion visible hard tags source applied on high theft apparel
items, saving retailers millions of hours in tagging merchandise
-- 5 billion Internet of Things (IoT) enabled smart hard tags recirculated,
delivering secure item-level visibility for better inventory management
-- Over 400 million sewn-on labels applied annually, enabling more discrete
tagging of luxury apparel and textile products
"We are proud to partner with leading global retailers and manufacturers in
mutually growing the Sensormatic source tagging program," said Tony D'Onofrio,
chief customer officer, Tyco Retail Solutions. "With over 50 years pioneering
new technologies, Sensormatic is the brand that retailers trust for quality and
innovation. Our recirculated RFID-enabled hard tags are gaining momentum with
retailers as a cost effective and eco-friendly approach for deploying full
scale apparel RFID programs."
For more information, check out additional cost-saving metrics and program
milestones here.
Learn more about our Sensormatic source tagging and recirculation program in
our infographic.
About Johnson Controls
Johnson Controls is a global diversified technology and multi industrial leader
serving a wide range of customers in more than 150 countries. Our 120,000
employees create intelligent buildings, efficient energy solutions, integrated
infrastructure and next generation transportation systems that work seamlessly
together to deliver on the promise of smart cities and communities. Our
commitment to sustainability dates back to our roots in 1885, with the
invention of the first electric room thermostat. We are committed to helping
our customers win and creating greater value for all of our stakeholders
through strategic focus on our buildings and energy growth platforms. For
additional information, please visit http://www.johnsoncontrols.com or follow
us @johnsoncontrols on Twitter.
About Tyco Retail Solutions
Tyco Retail Solutions, part of Johnson Controls, is a leading provider of
analytics-based Loss Prevention, Inventory Intelligence and Traffic Insights
for the retail industry. Our solutions deliver real-time visibility and
predictive analytics to help retailers maximize business outcomes and enhance
the customer experience in a digitally-driven shopping world. Our more than 1.5
million data collection devices in the retail marketplace capture 40 billion
shopper visits and track and protect billions of items each year. Our retail
portfolio features the premier Sensormatic, ShopperTrak and TrueVUE brands,
as well as a full suite of building technology solutions. For more information,
please visit TycoRetailSolutions.com, or follow us on LinkedIn, Twitter, and
our YouTube channel.
CONTACT: Anne Lines
Matter on behalf of Tyco Retail Solutions
Work + 1 978-518-4512
JCIRetail@matternow.com
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/04ad9638-cc96-4940-ab81-3f275
b12813d© 2018 GlobeNewswire
