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CARREFOUR CHOOSES CHECKPOINT TO PROTECT ITS PROFITS.

Publication: AsiaPulse News

Publication Date: 28-FEB-06
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COPYRIGHT 2006 Asia Pulse Pty Ltd

(Full text of a statement. Contact details below.)

HONG KONG, Feb. 28 /Xinhua-PRNewswire-AsiaNet/ --

As European Retailers Lose Euro 32 Billion to "Shrink",

Carrefour is to "Source Tag" Products to Reduce Losses and Improve the Consumer Shopping Experience

Europe's biggest retailer Carrefour has signed a strategic agreement with Checkpoint Systems (NYSE: CKP), the global leader in product identification and shrink management solutions, to roll-out the world's most ambitious "source tagging" programme to reduce losses including customer and staff theft.

(Photo: http://xprnnews.xfn.info/Checkpoint/20060228/carrefour.htm )

Carrefour's strategy to protect merchandise at the point of manufacture, will tap into Checkpoint's global network and provide the benchmark for other global retailers who collectively lost euro 32 billion to shrinkage last year (Source: European Retail Theft Barometer No 5...

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