Avery Dennison lauds RFID-based EAS initiative
Framingham, Mass. Avery Dennison said it supports the GS1 EPCglobal initiative for RFID-based electronic article surveillance, citing rapid replenishment of goods to the retail selling-floor and labor-saving source tagging benefits.
The comments came in support of GS1 EPCglobal’s issuing of strategic overview and technical implementation guides for using GS1 EPCglobal RFID-based EAS standards with reusable and disposable tags.
“There are enormous benefits to combining the advantages of EPC/RFID and EAS technology in a single tag, and the concept is expected to gain support throughout the retail industry,” said Paul Chamandy, VP new business development for Avery Dennison. “GS1 EPCglobal’s new strategic overview and implementation guides provide a clear blueprint for RFID/EAS adoption. As the guides gain acceptance, they will unlock a host of opportunities for cost containment, operational efficiency and inventory accuracy.”
Avery Dennison is a partner in EPCglobal’s EAS Phase 2 Joint Requirement Group, which developed the new guides.
GS1 EPCglobal standards are a set of integrated industry-driven standards which have been developed to meet user requirements enabling the identification of objects, data capture and sharing of information among partners throughout the supply chain. These standards are developed within the framework of EPCglobal.
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Dollar General gets holiday ready
GOODLETTSVILLE, Tenn. Dollar General is gearing up for the holidays with a dedicated Web section and $5-or-less toy promotion.
Saks comps improve, Dillard still suffers
NEW YORK, N.Y. and LITTLE ROCK, Ark Saks and Dillard’s report increased net sales for the month of October.
Saks announced that owned sales totaled $219.8 million for the four weeks ended Oct. 31 compared with $216 million for the four weeks ended Nov. 1, a 1.8% increase. Comparable-store sales increased 0.7% for the month.
For third quarter ended Oct. 31, owned sales totaled $622.7 million compared with $682 million for third quarter ended Nov. 1 the year prior, an 8.7% decrease. Comparable-store sales decreased 10.1% for the quarter.
On a year-to-date basis, for the nine months ended Oct. 31, owned sales totaled $1.79 billion compared with $2.18 billion for the nine months ended Nov. 1 the year prior, a 17.5% decrease. Comparable-store sales decreased 18.5% for the nine-month period.
Management continues to estimate that comparable-store sales will decline in the mid-to-high single digit range in the aggregate for the second half fiscal 2009.
Dillard’s announced that sales for the four weeks ended Oct. 31 were $361.69 million compared with sales for the four weeks ended Nov. 1 the year prior of $406.05 million. Total sales decreased 11%. Sales in comparable-stores decreased 8% for the four-week period.
Sales for the 13 weeks ended Oct. 31 were $1.31 billion compared with sales for the 13 weeks ended Nov. 1 the year prior of $1.48 billion. Total sales decreased 11%. Sales in comparable-stores decreased 9% for the 13-week period.
Sales for the 39 weeks ended Oct. 31 were $4.1 billion compared with sales for the 39 weeks ended Nov. 1 the year prior of $4.76 billion. Total sales decreased 14%. Sales in comparable-stores decreased 12% for the 39-week period.
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