Introduction of Innovative New RFID-Based Applications for Traffic, Inventory and Display Execution Drive Customer Adoption Worldwide
NEUHAUSEN, SWITZERLAND--(Marketwired - Dec 12, 2013) - Tyco Retail Solutions (www.tycoretailsolutions.com), a leading global provider of retail performance and security solutions, today announced the company has completed another successful year. As the retail industry undergoes technology-driven transformation, Tyco Retail Solutions continued to deliver innovative new software and hard tag offerings that enable retailers to maximize profits and enhance the shopper experience. Those efforts were recognized across the industry with a number of new customer wins and numerous industry awards.
Among the most significant 2013 milestones, Tyco Retail Solutions expanded its inventory intelligence solutions with targeted RFID applications to create more value for retail customers. Record revenue was achieved for its global source tagging program with five percent growth and more than 15 Visible Source Tagging (VST) hard tag customers. The company was the first to protect over one billion consumer apparel items annually for its genuine Sensormatic brand anti-theft source tagging program which underscores Tyco Retail's leadership position as source tagged goods arrived in more than 10,000 stores across every continent.
2013 Highlights
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Product Innovation:
"We closed 2013 on a high note, marked by great performance and outstanding wins with retailers worldwide," said Nancy Chisholm, Vice President and General Manager, Tyco Retail Solutions. "Over the course of the year, we accelerated our offerings in both security and store performance to complement and enhance each other to better serve the growing needs of our retail customers. We will continue to drive innovative solution development in the year ahead to ensure we help our customers stay ahead of the demands of the market."
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About Tyco Retail Solutions
Tyco Retail Solutions is a leading global provider of integrated retail performance and security solutions, deployed today at more than 80 percent of the world's top 200 retailers. Customers range from single-store boutiques to global retail enterprises. Operating in more than 70 countries worldwide, Tyco Retail Solutions provides retailers with real-time visibility to their inventory and assets to improve operations, optimize profitability, and create memorable shopper experiences.
The Tyco Retail Solutions portfolio for retailers is sold direct through Tyco businesses and authorized business partners around the world. For more information, please visit TycoRetailSolutions.com or follow us on LinkedIn, Twitter, and our YouTube channel.
TYCO, SENSORMATIC, TRUEVUE, and the product names listed in this document are marks and/or registered marks. Unauthorized use is strictly prohibited.
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Julie Crotty
Attune Communications
+1 (978) 877-0053