Checkpoint Systems Launches New Digital Solution in Fight Against Organized Retail Crime
April 15 2013 - 7:02AM
Business Wire
Checkpoint Systems (NYSE: 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 (NYSE: CKP), Checkpoint operates in
every major geographic market and employs more than 5,000 people
worldwide.
Twitter: checkpointsys
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