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Hyundai Motor Group announced the development of a Digital Key, which allows users to unlock and start a vehicle via their smartphone. Replacing a traditional physical key, the new Digital Key can be downloaded via an app and can be used by up to four…
Surging online sales have boosted Zara parent’s Inditex’s net profit in the past fiscal year by 7 per cent. Inditex, which also owns brands including Pull & Bear, Bershka and Massimo Dutti, reported an increase in net profit for the 12 months ending January…
In this year of the 400th anniversary of the passing of William Shakespeare, we’ll borrow some inspiration from the great bard and say: The store is dead – long live the store. For, despite the stellar rise of online shopping, it accounts for just 7.3 per…
Retailers in the Asia-Pacific region will experience both their highest sales and shrink distributions during the holiday season, according to the 2016 Retail Holiday Season Global Forecast. The report boldly predicts that 32 percent of the losses of the…
IDTechEx Research has tracked the RFID market since 1999. IDTechEx find that in 2015, the total RFID market is worth $10.1 billion, up from $9.5 billion in 2014 and $8.8 billion in 2013. This includes tags, readers and software/services for RFID cards,…
The new Gieves & Hawkes store in The Mailbox, Birmingham is using RFID technology to help the retailer gain a clearer view of stock inventory and to aid the business’s loss prevention strategy. Further installations of the technology are being discussed with…
Visitors to Retail Technology Show Asia 2016, being held from 20-21 April in Singapore will have the opportunity to hear from Checkpoint Systems, Inc. (NYSE: CKP) and see first-hand the latest merchandise visibility solutions that can help retailers reduce…
ISA Fashion Boutique International Ltd., a seller of international luxury brands in Hong Kong, mainland China and Macau, has deployed an RFID-based inventory-management system provided by Hong Kong IT services company PCCW Solutions. The system enables the…
Fashion retailer and apparel supplier Decks Singapore has implemented an RFID inventory and stock-taking system that saves time while ensuring greater accuracy. Previously, 600 worker-hours were involved in the company’s annual stock-take, with 88 per cent…
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