More Big, Great Wal-Mart Predictions
Wal-Mart Stores Inc. is eyeing a sales increase $287 million by fixing just a small portion of its inventory problems using RFID, an executive said Friday.
As reported by IDG News Service and Computerworld, the mammoth retailer, achieved $345 billion in sales last year, and with RFID rolling out next year its 4,068 North American stores, the sales are poised to go higher.
We’ll discuss other issues (like how much money they needed to invest for RFID to finally take off) another time. Also keep in mind that Wal-Mart’s goals could be perceived as a bit lofty: according to Computerworld, the company “missed a goal last year of installing RFID technology in 12 of 137 distribution centers, and an April target to have RFID technology in place at 1,000 retail stores.” ![[end]](/resources/bullet/rfidnews-4.gif)
