Tyco Retail Solutions, a leading provider of retail performance and security solutions, is expanding its contract with the Inditex Group. The fashion retailer will now leverage Tyco’s RFID-based Inventory Intelligence chain-wide.
Inditex is utilizing Tyco's Sensormatic dual technology RFID/Acousto-Magnetic (RFID/AM) hard tags and detachers at the point-of-sale (POS). Tyco is also managing Inditex's tag recirculation program through a cost effective and environmentally sound approach that allows re-use of RFID/AM tags. With this solution, Inditex is taking advantage of the benefits of RFID-based inventory visibility while controlling shrinkage with robust anti-shoplifting AM technology.
"Implementation of this next-generation technology is the one of the most significant changes ever in how the group's stores operate," said Pablo Isla, Inditex president.
The Tyco solution is currently deployed in 700 Zara stores across 22 countries.
"Inditex has been a valued customer of Tyco for many years, and we are delighted to learn about the significant operational results and success with the deployment of our RFID solutions. As a world renowned fashion retailing leader, Inditex constantly delivers fresh assortments to attract customers. Now, having real-time visibility to their inventory enables Inditex to keep pace with fashion trends and meet discriminating shopper needs," said Nancy Chisholm, president, Tyco Retail Solutions.
Tyco Retail Solutions operates in more than 70 countries worldwide.