Macy’s has been using its radio frequency identification technology chips embedded on merchandise to reduce organized retail theft, The Wall Street Journal reports. Organized retail crime — when items are stolen for the purpose of being resold — has been identified by retailers as a growing problem in recent years. At Macy’s, RFID chips tagged to merchandise offer the retailer real-time information on where and when certain products were stolen. RFID data has also informed the business on where to focus security in stores.
11 Feb. 2022
Macy's utilizes RFID chips to limit organized retail theft
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