Checkpoint Systems Launches New Digital Solution in Fight Against Organized Retail Crime
Checkpoint Systems Launches New Digital Solution in Fight Against Organized Retail Crime
Ability to Distinguish Between Different Crime Methods Will Be Huge Leap Forward for Retailers in Preventing Shoplifting
THOROFARE, N.J.--(BUSINESS WIRE)-- Checkpoint Systems (NYS: CKP) , a leading global supplier of shrink management, merchandise visibility and apparel labeling solutions for the retail industry, today announced that it is launching MetalPoint™ HyperGuard™, a new digital, software-driven solution that detects the most common tools such as foil bags or magnets used by organized retail crime (ORC) groups to shoplift in stores.
With the latest Global Retail Theft Barometer showing an increase in losses associated with ORC, affecting 47.5 percent of retailers globally, the MetalPoint HyperGuard was developed based on specific retailer feedback and gives loss prevention managers an additional tool to help identify potential shoplifters as soon as they enter the store.
The MetalPoint HyperGuard has three detection capabilities: foil bag detection, magnet detection (available May 2013) and metal cart/trolley detection, all of which run concurrently to improve alarm reliability and deter organized criminals from using tactics to avoid detection.
A number of features help enhance the capabilities of the MetalPoint HyperGuard software solution. For example, advanced digital 3D-sensing technology detects metal in either foil-lined bags or magnets and determines if a potential shoplifter has entered the store and by which entrance/exit. Metal shopping carts are also identified as such and no longer detected as a threat, thereby reducing the number of false alarms. Now store associates will receive a signal that an individual carrying a common shoplifting device has entered their store, allowing them to take the necessary precautions to avoid potential thefts.
MetalPoint HyperGuard can be installed as a sleek, stand-alone pedestal alongside existing radio frequency electronic article surveillance EAS antennas, acting as a visual deterrent against ORC gangs or seamlessly integrated into Checkpoint's EVOLVE family of antennas.
Farrokh Abadi, Checkpoint Systems' president & chief operating officer Shrink Management Solutions, said, "The new MetalPoint HyperGuard technology enhances EAS detection, enabling retailers to identify potential shoplifters as they enter stores. The solution will help retailers improve the availability of high-risk merchandise on the shelves and ensure a better shopping experience for consumers."
The MetalPoint HyperGuard 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 (NYS: CKP) , Checkpoint operates in every major geographic market and employs more than 5,000 people worldwide.
Twitter: checkpointsys
GCC, Inc.
Laura MacSweeney (for Checkpoint)
781-395-6420
laura@gccpr.com
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