Zara to deploy RFID technology at stores worldwide
New York — Spanish apparel giant Inditex, plans to have radio frequency identification technology in place in its nearly 2,000 Zara stores around the globe by 2016. The technology has already been installed at all of Zara’s distribution centers and at more than 700 Zara stores.
The retailer uses RFID tags that are embedded in the electronic article surveillance security tags on items. Each garment is fitted with a reusable RFID-enabled EAS tag that is encoded at the distribution center. Store employees use handheld readers to take inventory of goods and verify shipments when the goods arrive at the store from the DC.
Electrolux focuses on recovery
Electrolux president and CEO Keith McLoughlin reflected on the company’s progress during the second fiscal quarter, pointing to prospects for growth.
However, net sales decreased by about 4.9% year-over-year, totaling $26.3 billion for the three-month period. That decrease was slightly smaller for the six-month period — 2%.
Meanwhile, the company posted a net loss of $92 million for the quarter. For the first six months, the company’s net income of $339 million compares to net income of $1.003 billion for the same six-month period last year.
"We will continue to launch new, innovative products in parallel with optimizing global production with a strong focus on cost efficiency," said McLoughlin. "This will enable us to continue to generate a solid cash flow and shareholder value."
McLoughlin pointed to specific cost-reduction initiatives that Electrolux is conducting in its various market segments, including one in Europe overall and a review of its manufacturing facilities in Italy.
ShopKo looks to offer styling advice on new fashion blog
Green Bay, Wis. — Shopko launched on Thursday its new fashion blog, TREND.spire, which takes current looks for women, all available at Shopko and Shopko.com, and illustrates how to pull everything together.
The fashion blog at trendspire.shopko.com is updated weekly and a video, with a sneak peek of just some of the outfits, can be found here. Even more inspiration and information will be on Shopko’s Facebook, Pinterest and Instagram pages.
In stores, merchandise is grouped to create an easy shopping experience. Overhead signs show complete ensembles, and shoppers can take an in-store handout for reference.
"Women want to feel confident in their fashion choices and get a great value at the same time. We’re thrilled to introduce TREND.spire as a way to provide styling inspiration using the on-trend merchandise Shopko carries," said Jill Soltau, president and CMO. "Fashion is an attitude, not an age, and we’re proud of the relevant merchandise we offer our customers. Both new and long-time customers will be thrilled with the variety of on-trend looks available at Shopko and will appreciate a little guidance to pull her perfect look together. All at a great value that our customers expect from Shopko."