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WALGREEN COMPANY TO IMPLEMENT CHECKPOINT'S IMPULSE(SM) SOURCE TAGGING PROGRAM IN FIRST 200 STORES

 WALGREEN COMPANY TO IMPLEMENT CHECKPOINT'S
 IMPULSE(SM) SOURCE TAGGING PROGRAM IN FIRST 200 STORES
 THOROFARE, N.J., June 8 /PRNewswire/ -- Walgreen Company (NYSE: WAG), one of the world's largest drugstore chains, has initiated an innovative merchandising strategy that will ultimately lead to Electronic Article Merchandising(SM) (EAM)(SM) protection for all of its stores.
 An initial 200-store installation of Checkpoint's EAM systems will be focused around a distribution center region, facilitating source tagging throughout that network. Source tagging embeds Checkpoint's security targets into products or packaging before they reach the retail level.
 According to Chet Young, general auditor for Walgreen, this initial implementation will help confirm the impact and effectiveness of Checkpoint's Impulse(SM) source tagging program. "We have determined that the best method to implement an EAM program is from the distribution center level rather than on a store-by-store basis. This will allow us to take immediate and full advantage of source tagging's benefits," Young said. EAM systems consist of security targets that can be deactivated without contact, deactivation equipment at checkout, and sensors at store exits to detect the unauthorized removal of protected merchandise.
 According to David Shoemaker, director of business development for Checkpoint, Walgreen's innovative implementation schedule is an exciting opportunity for both companies. "We are looking forward to working closely with Walgreen, its distribution centers, and its manufacturers, to achieve significant and positive bottom line results. The goal of our source tagging program is to control shrinkage losses while helping retailers like Walgreen increase sales through aggressive and confident open display of merchandise," said Shoemaker. "In some cases, retailers may be able to add products to their shelves which were once dropped because of high shrinkage losses."
 Walgreen Company, headquartered in Deerfield, Ill., owns and operates more than 1,600 drugstores in 29 states and Puerto Rico. The drugstores carry such items as nonprescription drugs, cosmetics and toiletries, and general merchandise. The company has been an innovator in its industry, implementing technological advances including satellite linkage to all stores and facilities, and Intercom, an on-line pharmacy system which links all stores with headquarters and one another.
 Checkpoint Systems, Inc. (NASDAQ: CHEK) offers a variety of security and loss prevention solutions for the protection of assets in diverse market applications. As the leading developer of advanced microprocessor and radio frequency-based security systems, the company has more than 20 years experience in the loss prevention industry. Checkpoint's EAM and electronic access control systems are based on its Electronic Signatures(R) technology which makes unique radio signals assignable to items or people. Using detectable, paper-thin, disposable circuits that can be activated and deactivated, the company's EAM systems are installed in more than 60,000 retail locations worldwide. The company's entire product line, from EAM to EAC, works together to provide comprehensive security solutions for applications in retail, industrial and institutional markets.
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 /CONTACT: Dave Shoemaker of Checkpoint Systems, 609-384-2404, or Kathleen Carroll of KMC Communications, 215-539-1052, for Checkpoint Systems/
 (WAG CHEK) CO: Walgreen Company; Checkpoint Systems, Inc. ST: Illinois; New Jersey IN: CPR REA SU:


MK-CC -- PH018 -- 7936 06/08/92 12:30 EDT
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Publication:PR Newswire
Date:Jun 8, 1992
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