Brooks/Eckerd Pharmacy Selects Checkpoint Systems for Shrink Management Solutions.THOROFARE, N.J. -- Checkpoint Systems, Inc. (NYSE NYSE See: New York Stock Exchange : CKP CKP Checkpoint CKP Crankshaft Position CKP Chandraseniya Kayastha Prabhu (caste of Maharastra, India) CKP Chris Key Players (band) CKP Concept Knowledge Processing ), the leading provider of radio frequency-based product identification and shrink management solutions for retailers and consumer package goods manufacturers worldwide, announced it has signed a three-year contract with Brooks/Eckerd Pharmacy, a 1,900-store division of the Jean Coutu Group The Jean Coutu Group (PJC) Inc. TSX: PJC is a Canadian company headquartered in Longueuil, Quebec with its Jean Coutu Group (PJC) U.S.A. Inc. in Warwick, Rhode Island. . The contract calls for the replacement of Brooks' existing Electronic Article Surveillance See EAS. systems (EAS (Electronic Article Surveillance) A security system for preventing theft in retail stores that uses disposable label tags or reusable hard tags attached to the merchandise. ) with Checkpoint's Digital Radio Frequency Electronic Article Surveillance (RF-EAS) technology. In addition, Checkpoint was appointed Brooks/Eckerd's preferred CCTV CCTV abbr. closed-circuit television CCTV closed-circuit television provider. Terms of the deal were not disclosed. "Checkpoint's long and successful relationship with Eckerd drug stores was a factor in our decision," said Bud Pelkey, Vice President of Loss Prevention of Brooks/Eckerd. "Checkpoint's radio frequency technology is utilized by a majority of chain drugstores. We wanted to make sure that we availed ourselves of the technology that meets the requirements of our store management. We selected Checkpoint because we felt the company was the solutions provider best suited to our loss prevention needs." Checkpoint will begin installation of its Liberty family of EAS sensors in existing Brooks Pharmacy Brooks Pharmacy was a chain of more than 330 pharmacies located throughout New England and New York and has been a well-recognized name in the New England pharmacy industry for several decades. Brooks Pharmacy is currently a unit of the Canada-based Jean Coutu Group. stores and also in new stores in the chain throughout the life of the contract. Throughout the life of the contract, stores will be upgraded and new stores will be installed with custom designed CCTV solutions. "Brooks/Eckerd Pharmacy is an important chain in the drugstore market. Their decision to select Checkpoint Systems' RF-EAS solutions is an important validation of our shrink management solutions. We're very happy to welcome them to the Checkpoint family, and we look forward to putting our technology to work for Brooks/Eckerd Pharmacy," said David Donnan, Checkpoint Systems' President of North America. About Brooks Pharmacy Brooks/Eckerd Pharmacy is the oldest drug store chain in New England and now has more than 1,900 stores in eighteen states along the East coast employing over 45,000 people. The company is headquartered in Warwick, Rhode Island Warwick is a city in Kent County, Rhode Island, United States. It is the second largest city in the state, with 85,808 people. Its mayor, since 2000, has been Scott Avedisian. Founded by Samuel Gorton in 1642, Warwick has witnessed major events in American history. . About Checkpoint Systems, Inc. Checkpoint Systems, Inc., is a multinational manufacturer and marketer of technology-driven solutions for retail security, labeling, and merchandising. Checkpoint is the leading provider of radio frequency (RF)-based shrink management solutions to the global retail industry, including over half of the world's top 200 largest global retailers. In addition to its shrink management capabilities, Checkpoint's end-to-end supply chain technology helps apparel and consumer product manufacturers and retailers brand, track and secure goods worldwide. Checkpoint has a presence in more than 80 countries and a global network of more than 25 service bureaus located in the world's apparel manufacturing capitals. Checkpoint's technology solutions include digital RF/EAS and RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. systems, RF source tagging, bar code labeling systems, EAS, handheld labeling systems, and retail merchandising systems. For additional information, visit Checkpoint Systems' web site located at www.checkpointsystems.com. |
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