Tesco Places Big Order of RFID Readers
New York City, United Kingdom supermarket giant Tesco ordered 4,000 EPC-enabled RFID readers, the largest order of its kind to date. The move follows the completion of a pilot test of the chain’s Radio Barcode and Secure Supply Chain initiative. The first phase of the contract with Boca Raton, Fla.-based ADT calls fro 4,000 readers and 16,000 antennae by fall of 2005 for the dock doors and merchandise receipt points at some 1,200 Tesco stores and 35 distribution centers.
Big Lots CEO to Step Down
Columbus, Ohio, Michael Potter will relinquish his CEO title at Big Lots and become the new chief strategy officer. Potter, who has been with Big Lots for 14 years, will serve as chief executive until a replacement is found. The company said Potter asked for the move to be able to relocate his family back to the West Coast.
Jobless Claims Spike
Washington, D.C., The number of first-time jobless claims was up by 43,000 people last week. It was the highest single-week increase since September. The number of Americans filing first-time claims for state unemployment insurance aid rose 43,000 to 364,000 in the week ended Jan. 1, up from a revised 321,000 in the previous week, according to the Labor Department.