RFIDNews | Korea’s largest retailers adopt RFID

Monday, May 5, 2008

South Korea’s two largest retailers, Emart and Hanaro Mart, plan to introduce RFID tracking into their inventory systems. The companies each have reached agreements with several of their major suppliers to begin labeling boxes and pallets with RFID tags before shipping to their warehouses.

Emart’s initial focus will be on small digital devices such as MP3 players. Manufacturers, including Samsung and Fuji, will tag the devices prior to shipment to EMart’s warehouse and logistics center in Yeoju. The tagged inventory will be tracked throughout the supply chain until it reaches store shelves.

Hanaro Mart is using price guidelines to determine what products are tagged, focusing on boxed items costing more than 10,000 KRW (approximately $10 U.S.) produced by manufacturers such as Yuhan Kimberly and Taeyang Industrial. Hanaro’s RFID tracking system will be introduced when they open a new warehouse in Pyongtaek in January 2009.

VeriFone completes acquisition of Point

VeriFone Systems has completed its acquisition of Point, Northern Europe’s largest provider of payment and gateway services and solutions for retailers.

According to VeriFone, Stockholm-based Point has operations in 11 European countries and serves a network encompassing nearly 475,000 merchant contracts. Through this network, Point offers retailers a range of multi-channel services and solutions, including point-of-sale technology and support, gateway services, card encryption services, and e-commerce processing.

New survey shows over half of retailers rely on passwords for POS logins

Authentication and access provider DigitalPersona released the results of a survey that found more than half of retailers rely on passwords for point-of-sale system login in, even though they also have great concerns over passwords being shared and misused.

Honeywell enters the RFID space with new retail solution

Proclaiming its entrance into the RFID space, Honeywell introduced part of a new product portfolio designed to bring efficiency to the retail industry, the Optimus 5900 RFID mobile computer.

SML launches 'ViziT' solutions for apparel, partners with TAGSYS and Nedap Retail

SML Group Ltd announced the launch of its new “ViziT” RFID item visibility solutions for the retail apparel and item tracking applications.

The ViziT solutions include a range of RFID/EAS enabled paper and woven labels, as well as tickets and sticker that can be attached to garments and stacked items. Using the SML ViziT IT cloud based data management software also provides for semi automated inventory control, as well as improved loss prevention by triggering alarms and item identification at the store exit.

Superdrug launches contactless payment at more than 50 stores

Superdrug, one of Britain’s largest beauty and health retailers, has introduced contactless payment for its in-store customers, according to Retail Gazette.

Created by Streamline and Visa Europe, the contactless system will enable customers to make payments of up to £15 (approx. USD $23) by simply waving their contactless bank card at the more than 50 participating Superdrug stores in London and Liverpool.

Report: 2012, the Tipping Point for RFID technology in the retail market

2012 is predicted to become a “tipping point” for RFID technology in the retail sector, according to a new study from the VICS Item-Level RFID Initiative (VILRI).

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Korea’s largest retailers adopt RFID