Security tagging technology deal targets improved store operational decision making and profitability following trials in US discount retailers store network
Family Dollar Stores
has entered into a multi-year agreement with Checkpoint Systems
that includes the deployment of Checkpoint’s EVOLVE P10 ECO electronic article surveillance (EAS) systems in all of its existing and future stores. The complete roll out to Family Dollar’s existing 7,900 stores is expected by December 2014.
For the past three years, Checkpoint and Family Dollar have been analysing results in a number of test stores across the country. Based on the results gathered from these stores, Family Dollar is installing the EVOLVE P10 ECO system, designed to reduce shrink and lower energy costs. Checkpoint said that its national field engineers’ organisation and proven fast roll outs in similar large chains informed Family Dollar's decision to go for a full roll out.
Reduced shrink and increased sales
"As one of the fastest growing retailers in the country, we continuously look for ways to expand our assortment and offerings for our customers," said Chris Nielsen, Family Dollar loss prevention vice president. “We are encouraged by the success we have already experienced in our test stores, and I am confident that installing Checkpoint's system in all of our locations will deliver an immediate impact on our profitability by reducing our shrink and increasing sales."
The flagship EVOLVE EAS technology has been designed to help retailers leverage real-time data for better store operational decisions, while EVOLVE ECO energy-efficient electronics offer operational cost savings. The investment will also support Family Dollar’s product protection programme by using Checkpoint's high-risk merchandise protection portfolio.