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The Centre for Retail Research and Checkpoint Systems Host Web Cast to Present Results of the First Worldwide Retail Theft Survey
THOROFARE, N.J.-(Business Wire)-November 19, 2007 - The Centre for Retail Research in Nottingham, United Kingdom and Checkpoint Systems, Inc. (NYSE:CKP), today announced that they will present the results of the first Global Retail Theft Barometer. The study reveals new facts about actual levels of retail shrinkage and crime in 32 countries around the world, including 25 countries in Western and Central Europe, as well as the U.S., Canada, Australia, India, Japan, Singapore and Thailand. -0- *T Event Details ——————- WHO: Professor Joshua Bamfield, Director of the Centre for Retail Research, and George Off, CEO of Checkpoint Systems. WHAT: The first edition of the Global Retail Theft Barometer. WHY: Participants will learn how cultural, economic and social factors are impacting shrinkage through theft (customer shoplifting, disloyal employees and vendor/supplier theft and fraud) and how retailers around the world are reacting to this phenomenon. The most stolen products by region will also be discussed in addition to what methods (loss prevention/security technology) retailers and their supply chain partners are currently using to protect their most vulnerable merchandise. WHEN: 1:00 PM EST, Monday, November 19, 2007 INFO: To listen to the live web cast, logon via the conference call link, which can be found at: http://www.webcasts.com/otsp/checkpoint/ *T
About The Centre For Retail Research
The first edition of the Global Retail Theft Barometer has been produced by Professor Joshua Bamfield, the Director the Centre for Retail Research (www.retailresearch.org) with the cooperation of Checkpoint Systems, Inc. The CRR is an independent organization providing research and consultancy for the retail sector dealing with the changing face of retailing and focusing upon retail fraud and crime. It has carried out extensive studies dealing with the costs of crime and the application of electronic and computerized systems to combat shop theft and fraud in many parts of the world.
About Checkpoint Systems, Inc.
Checkpoint Systems, Inc. is the leading supplier of retail shrink management solutions. Checkpoint's global team helps retailers - and their suppliers - reduce theft, increase inventory visibility and provide consumers with greater merchandise availability through the company's rapidly evolving RF technology, expanding shrink management offerings and Check-Net labeling solutions. Checkpoint has more than one million RF devices installed in stores today and has secured more than 100 billion products. Scaling cost efficiently, Checkpoint's solutions provide increased revenues and profits to a fast-growing community of successful retailers, and a superior experience for their consumers. Listed on the NYSE (NYSE:CKP), Checkpoint operates in every geographic market and employs 3,200 people worldwide. For more information, visit www.checkpointsystems.com.
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