Checkpoint Systems, Inc. (NYSE:CKP), a leading global supplier of shrink management, merchandise visibility and apparel labeling solutions for the retail industry, today announced the introduction of its 2815 Enhanced Performance (EP) Shoe Label, a small security label that is integrated into footwear during the shoe manufacturing process. Checkpoint Systems has source-tagged more than one billion shoes with Radio Frequency (RF) Electronic Article Surveillance (EAS) labels in the last five years to help retailers in the fight against shrink.
Shoes are a high-risk theft item, difficult to protect and display at the same time. In fact, according to the most recent Global Retail Theft Barometer, shrink rates for footwear increased year over year to 0.99 percent globally and 1.2 percent in North America. The 2815 EP Shoe Label provides an additional level of security for all retail outlets selling shoes, including apparel, sporting goods and footwear specialty stores.
Significantly smaller than existing shoe labels, the RF 2815 EP Shoe Label offers enhanced detection and deactivation performance. This means a significant reduction in false alarms, enabling retailers to adjust their approach policies accordingly. Working closely with shoe manufacturers, Checkpoint designed the 2815 EP Shoe Label to sustain greater processing tolerance during the manufacturing process and allow high-speed integration and melding temperatures so that manufacturers can apply it easily without compromising the performance of the label at stores.
Farrokh Abadi, President & Chief Operating Officer Shrink Management Solutions Checkpoint Systems, said, “We are delighted to introduce our newest shoe label, which we designed together with shoe manufacturers and retailers. This slender, high-performing solution not only helps retailers reduce theft, but also improves availability on store shelves, increasing customer satisfaction."The 2815 EP Shoe Label is available immediately. About Checkpoint Systems, Inc. ( www.checkpointsystems.com) Checkpoint Systems is a global leader in shrink management, merchandise visibility and apparel labeling solutions. Checkpoint enables retailers and their suppliers to reduce shrink, improve shelf availability and leverage real-time data to achieve operational excellence. Checkpoint solutions are built upon 40 years of RF technology expertise, diverse shrink management offerings, a broad portfolio of apparel labeling solutions, market-leading RFID applications, innovative high-theft solutions and its Web-based Check-Net data management platform. As a result, Checkpoint customers enjoy increased sales and profits by improving supply-chain efficiencies, by facilitating on-demand label printing and by providing a secure open-merchandising environment enhancing the consumer’s shopping experience. Listed on the NYSE (NYSE: CKP), Checkpoint operates in every major geographic market and employs 5,600 people worldwide.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV