Tag: Checkpoint Systems
Checkpoint, RGIS partnership to speed implementations
January 13, 2014SSN Staff
NEW YORK—Checkpoint Systems, supplier of merchandise availability solutions for retail, and RGIS, provider of supply chain, inventory, insights, merchandising and optimization solutions, have partnered to offer a full RFID-based inventory management solution to their retail customers, the companies announced Jan. 13.
“Inventory and data collection are critical to retailers' effective operations,” noted Bill Carpou, RGIS's executive vice president, sales and marketing, in a prepared...
Family Dollar uses Checkpoint EAS system to reduce shrink
October 10, 2013SSN Staff
THOROFARE, N.J.—Checkpoint Systems' electronic article surveillance systems will be deployed in all of Family Dollar's 7,900 stores by the end of 2014, Family Dollar announced Oct. 9.
After testing Checkpoint's EVOLVE P10 ECO systems in several stores over three years, Family Dollar decided to use the technology in all stores to reduce shrink and cut energy costs.
“We are encouraged by the success we have already experienced in our test stores, and I am confident that installing Checkpoint's...
Checkpoint sells CheckView; Richmond honored for ASAP
March 27, 2013Rich Miller
Checkpoint Systems, a global supplier of loss-prevention products and solutions for the retail industry, announced earlier this month that it was negotiating the sale of its CheckView integration and monitoring business. On Monday, the buyer was ID'd: Platinum Equity, a California-based private equity firm, which will make the deal for $5.4 million.
In a blog Tuesday, Seeking Alpha analyst Brenon Daly called the deal “one of the more financially lopsided divestitures we've seen in...
Checkpoint plans to sell CheckView, monitoring center
March 6, 2013Rich Miller
THOROFARE, N.J.—Checkpoint Systems, a global supplier of loss-prevention products and solutions for the retail industry, announced this week that it is planning to sell its CheckView business, including CheckView's monitoring center in Minnesota.In a news release, Checkpoint said its board of directors had determined that CheckView could better serve its customers “as an independent, entrepreneurial and more focused organization.” Negotiations were under way with a potential buyer...
Access control provider Sielox goes private
January 10, 2011Martha Entwistle
RUNNEMEDE, N.J.—Sielox LLC, a manufacturer of access control products, and a former division of Checkpoint Systems, became a private company following a New Year's Eve $2.55 million management buyout, the company announced Jan. 4.
“We saw an opportunity to take the company private,” said Karen Evans, president and CEO of Sielox LLC, and a member of the investor group. In addition to the savings associated with being a non-public company, Sielox will continue to “add development...