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India tops global retail theft barometer

For the second year in a row, retailers in country found facing highest incidence of shoplifting, employee theft.India’s fledgling retail industry has topped the ‘Global Retail Theft Barometer’ survey for 2009. The country topped the retail “shrinkage” rate —...

Recession ‘fuels UK shoplifting’

Shoplifting has surged to record levels in the UK, fuelled by the recession, according to a study.The value of retail goods stolen rose 20% to £4.88bn in the year to June, the Centre for Retail Research said. The UK...

Metro and Checkpoint to come together for RFID pilots

Checkpoint Systems, a multinational manufacturer and marketer of technology-driven integrated solutions provider including RFID based solutions for merchandise identification, tracking and security joins hands with Metro Cash & Carry India to further expand the latter’s ‘Tag It Easy!’- RFID...

India tops retail shrinkage survey chart

India has been rated first on the retail theft parameter in Asia-Pacific countries, said the second annual Global Retail Theft Barometer-2008 survey. The survey, conducted among 920 large retailers across 36 countries by Centre for Retail Research, has find...

India tops the retail shrinkage list: Survey

With the retail market in India growing at the rate of knots, the risk of retail shrinkage is also speeding up. In a recent survey by Checkpoint Systems Inc., a US-based manufacturer and marketer of technology-driven integrated solutions for retailers,...

Checkpoint acquires S3 business of Alpha Security Products

Checkpoint Systems, Inc., manufacturer and marketer of identification, tracking, security and merchandising solutions for the retail industry and its supply chain, announced its acquisition of the S3 business from Alpha Security Products, based in North Carolina, US. The all-cash...
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