GERRY WEBER Selects Tyco Retail Solutions' RFID-Based Inventory Visibility

 NEUHAUSEN, SWITZERLAND--(Marketwired - Jan 14, 2016) - GERRY WEBER, one of the most prominent and successful German fashion and lifestyle companies, has selected Tyco Retail Solutions (www.tycoretailsolutions.com^[1]), a leading provider of retail performance and security solutions, for its RFID initiative to enhance item-level inventory visibility and accuracy in 800 stores. Tyco's TrueVUE Inventory Visibility application will replace their existing RFID legacy solution, enabling the retailer to leverage RFID for a number of use cases in support of their business.

As an RFID pioneer in the fashion sector since 2009, GERRY WEBER has around 30 million items per year equipped with this technology at all of its own operated shops worldwide, thereby improving logistics, retail processes and loss prevention. To enhance inventory accuracy and in-store stock availability, GERRY WEBER will deploy Tyco's RFID application for use with receiving, cycle counting, product locating, point-of-sale (POS), loss prevention, sales floor replenishment and merchandise transfer. The new RFID-enabled visibility into exact quantity and location of items by style, size, and color, will help ensure on-floor availability and timely, accurate sales floor replenishment to satisfy shopper needs. Gaining accurate real-time item-level insight across all stores helps lay the foundation for a winning omni-channel retail strategy.

The exceptional success story of GERRY WEBER International AG began in 1973 with a vision of creating a new and unique combination of fashion, lifestyle and experience. Making that vision a reality, the retailer operates nearly 1,000 company-managed stores and sales spaces (plus 242 from HALLHUBER), approximately 2,700 shop-in-shops and 272 franchised stores worldwide, as well as brand online-shops in nine countries. They unite four strong fashion brands under one umbrella: GERRY WEBER, TAIFUN, SAMOON by GERRY WEBER and HALLHUBER.

"We understand the challenge retailers face in ensuring accurate inventory to keep pace with shopper demand," said Nancy Chisholm, President, Tyco Retail Solutions. "We are excited to join forces with GERRY WEBER and look forward to applying our years of retail leadership in helping leverage the power of RFID to enhance their shopper experience and deliver optimal store performance in an omni-channel shopping environment."

In addition to the TrueVUE Inventory Visibility application, Tyco Retail Solutions will provide GERRY WEBER with professional services to manage their project.

To learn more about Tyco Retail's RFID Inventory Intelligence solutions, please visit our solutions page^[2].

About Tyco Retail Solutions
Tyco Retail Solutions is a leading provider of integrated retail performance and security solutions, deployed today at more than 80 percent of the world's top 200 retailers. Customers range from single-store boutiques to global retail enterprises. Operating in more than 70 countries worldwide, Tyco Retail Solutions provides retailers with real-time visibility to their inventory and assets to improve operations optimize profitability and create memorable shopper experiences.

The Tyco Retail Solutions portfolio for retailers is sold direct through Tyco businesses and authorized business partners around the world. For more information, please visit TycoRetailSolutions.com^[3] or follow us on LinkedIn^[4], Twitter^[5], and our YouTube channel^[6].

TYCO, TRUEVUE and the product names listed in this document are marks and/or registered marks. Unauthorized use is strictly prohibited.

References

1. ^{^} www.tycoretailsolutions.com (ctt.marketwire.com)
2. ^{^} our solutions page (ctt.marketwire.com)
3. ^{^} TycoRetailSolutions.com (ctt.marketwire.com)
4. ^{^} LinkedIn (ctt.marketwire.com)
5. ^{^} Twitter (ctt.marketwire.com)
6. ^{^} YouTube channel (ctt.marketwire.com)