CHALLENGING ECONOMIC CONDITIONS DRIVE RETAILERS TO INVEST IN ADT’S SENSORMATIC ANALYTICS BUSINESS INTELLIGENCE SOLUTIONS TO HELP CONTROL SHRINK AND BOOST PROFITS
The Great Atlantic & Pacific Tea Company Adds Over 400 Stores to a Growing Base of More Than 16,000 Stores Worldwide Currently Monitored by Sensormatic Analytics Powered by Retail Expert
Boca Raton, Fla. – May 6, 2009 – In today’s tough economic times, more and more retailers are investing in business intelligence to help control shrink and boost their profits. Recently The Great Atlantic & Pacific Tea Company (A&P), a leading U.S. retailer and business unit of the Tengelmann Group of Germany, has deployed Sensormatic Analytics® business intelligence solutions from ADT powered by Retail Expert. A&P will utilize these comprehensive tools to monitor cashier activities in a combined total of more than 400 outlets, increasing the Sensormatic Analytics global customer base to more than 16,000 stores.
As a reporting and performance improvement tool for retail loss prevention and operations, the Sensormatic Analytics suite provides retailers with essential data to help uncover various sources of store losses and reduce shrink. When combined with business intelligence it can assist in meeting profit margin goals.
Founded in 1859, A&P is one of the nation's first supermarket chains. The Great Atlantic & Pacific Tea Company’s family of supermarkets includes A&P, Waldbaum's, Pathmark, Best Cellars, The Food Emporium, Super Fresh and Food Basics which collectively now operates 444 stores. As the largest food retailer in the Northeast U.S. A&P needed a corporate-wide solution to address internal shrink. The application had to be compatible for both corporate and field deployments, while also having the ability to integrate with A&P’s Intellex® video surveillance system to help investigations. A&P also sought a customizable application that could be tailored to the needs of various user levels.
Based on these requirements, A&P chose Sensormatic Analytics NaviStor® POS and NaviCase® integrated case management solution. According to Don Terreri A&P’s senior director of asset protection, “The Sensormatic Analytics suite helps meet both our short-term and long-term objectives, offering us solutions that can monitor not only our POS activities, but also our pharmacy and direct store delivery areas.”
His statement is reflective of responses in a recent study by Retail Systems Research (RSR), “Loss Prevention and Beyond: Survival of the Fittest,” sponsored by Sensormatic Retail Solutions. Seventy-one percent of all respondents said they frequently use exception analysis reporting, a key business intelligence tool, as a critical technology in their loss prevention arsenal. Fifty-three percent of all respondents cite better business intelligence as needed to make effective use of the vast amounts of loss prevention data that exists, especially from video surveillance systems.
“In tough economic times many retailers have been forced to reduce staff levels while facing the reality of rising shrink,” said Jeff Bean, vice president, retail sales, ADT. “As some of our leading retailers have realized, their investment in our store business intelligence technologies is one of the best ways to maximize profitability, improve shrink and be better positioned to survive the economic turmoil.”
About ADT Security Services
ADT Security Services, a unit of Tyco International, is the largest provider of electronic security services to more than seven million commercial, government and residential customers worldwide. ADT's total security solutions include intrusion, fire protection, closed circuit television, access control, critical condition monitoring, electronic article surveillance, radio frequency identification (RFID) and integrated systems. ADT's website address is http://www.adt.com.
About the Sensormatic Retail Solutions Portfolio
The industry-leading Sensormatic Retail Solutions portfolio offers vital loss prevention and operational improvement technologies and solutions. Backed by more than 1,500 patents, the Sensormatic solutions portfolio is sold through ADT and authorized business partners around the world. From the front of the store through the entire retail supply chain, Sensormatic solutions help keep losses lower – and profits higher. Today, over 80 percent of world's top 200 retailers that use EAS rely on Sensormatic solutions, which include EAS, source-tagging, data analytics and in-store, item-level intelligence applications. Sensormatic forward-thinking solutions also include dual EAS-RFID technology that provides item-level security and visibility in an ever changing retail environment. For more information, please visit http://www.sensormatic.com.
About The Great Atlantic & Pacific Tea Company
Founded in 1859, A&P is one of the nation's first supermarket chains. The Company operates 444 stores in 8 states and the District of Columbia under the following trade names: A&P, Waldbaum's, Pathmark, Best Cellars, The Food Emporium, Super Foodmart, Super Fresh and Food Basics.
Contact:
Ann Lindstrom
alindstrom@adt.com
ADT Security Services, Inc
(561) 988-3258
Bob Clucas
bclucas@tycoint.com
Sensormatic
(561) 912-6451 |