Checkpoint Systems and Seagram Americas Address Shrinkage as High as 15 Percent in Liquor Industry.THOROFARE, N.J.--(BUSINESS WIRE)--Jan. 13, 1997-- Source Tagging of Checkpoint's RF Labels Protects Expensive Liquors 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 )(NRF NRF National Retail Federation NRF NATO Response Force NRF National Research Foundation (South Africa) NRF Neighbourhood Renewal Fund (urban renewal funding package in the UK) NRF Nouvelle Revue Française BOOTH No.519) and Seagram Americas are working together to protect liquors from theft using Checkpoint's paper-thin radio frequency (RF) labels embedded in hidden locations in the product or packaging. This source tagging alliance will initially target brands that are experiencing higher than average shrinkage - in some cases as high as 15 percent, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Scotch Whiskey Noun 1. Scotch whiskey - whiskey distilled in Scotland; especially whiskey made from malted barley in a pot still malt whiskey, malt whisky, Scotch malt whiskey, Scotch malt whisky, Scotch whisky, Scotch Association. "The advantages to RF source tagging are twofold," said Charles Crisp
named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Manufacturing division. "In source tagging tests that Seagram Americas has conducted, we have seen as much as 50 percent reductions in theft and double digit increases in sales. Sales increases are attributable to the retailer's ability to aggressively open merchandise source tagged products." To date, more than 500 consumer product manufacturers are working with Checkpoint in similar source tagging alliances, source tagging thousands of product SKUs, including automotive parts and accessories, batteries, condoms, liquors, costume jewelry, consumer electronics, and sporting goods. The Seagram Company Ltd. is a leading global producer and marketer of distilled spirits, wines, fruit juices, coolers and mixers, and it sells its brands in more than 150 countries and territories. Seagram manages its worldwide beverage operations through two major business units -- The Seagram Spirits And Wine Group and The Seagram Beverage Group -- and two U.S.-based specialized, premium wine operations, The Seagram Classics Wine Company and Seagram Chateau & Estate Wines Company. Affiliates and joint ventures in 36 countries comprise the largest distribution system in the spirit and wine industry. Checkpoint Systems, Inc., located in Thorofare, New Jersey Thorofare is an unincorporated area within West Deptford Township in Gloucester County, New Jersey, United States. The area is served as United States Postal Service ZIP Code 08086. , is a leading provider of integrated security solutions for retailers worldwide. The Company is also the leading provider of radio frequency (RF) source tagging, which allows its paper-thin RF tags to be embedded into product packaging. Visit Checkpoint Systems Inc.'s Website at: www.checkpointsystems.com CONTACT: Checkpoint Systems, Inc. Glenda Laudisio, 800/257-5540 ext. 2411 or Mallory Factor Inc. Steve Gaynes, 212/350-0000 |
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