Checkpoint Systems, a leading global supplier of merchandise availability solutions for the retail industry and its supply chain, has announced that Family Dollar Stores, Inc has entered into a multi-year agreement that includes the deployment of Checkpoint’s EVOLVE P10 ECO electronic article surveillance (EAS) solutions in all of its existing and future stores. The rollout in Family Dollar’s existing 7,900 stores is expected to be completed by December 2014.
For the past three years, Checkpoint and Family Dollar have been analysing results in a number of test stores across the country. Based on the results gathered from these stores, Family Dollar is installing the EVOLVE P10 ECO solution, designed to reduce shrink and lower energy costs. Checkpoint's national field engineers’ organisation and proven fast roll-outs in similar large chains was a component in Family Dollar's decision to partner with Checkpoint.
According to Per Levin, President and Chief Sales Officer-Checkpoint Systems, "We are thrilled to participate in the continued success story of Family Dollar. This is a proven programme, with a significant ROI, so our focus is on speedy and efficient implementation. The programme is also a strategic platform for future added value; the long-term partnership, therefore, is exciting for both companies."
"As one of the fastest growing retailers in the country, we continuously look for ways to expand our assortment and offerings for our customers," said Chris Nielsen, Family Dollar Vice President – Loss Prevention. "We are encouraged by the success we have already experienced in our test stores, and I am confident that installing Checkpoint's system in all of our locations will deliver an immediate impact on our profitability by reducing our shrink and increasing sales."
Checkpoint's flagship EVOLVE EAS technology also helps retailers leverage real-time data for better store operational decisions. In addition, withEVOLVE ECO electronics, energy consumption is reduced by up to 75 per cent over alternatives, providing significant operational cost savings. The investment in EVOLVE will serve as the backbone for Family Dollar’s product-protection programme, leveraging Checkpoint's full suite of high-risk merchandise protection solutions.