RADAR announced that American Eagle Outfitters is planning to launch RADAR’s inventory-tracking technology in approximately 500 American Eagle stores across the U.S. over the next year. RADAR uses a combination of RFID and computer vision to track and locate in-store inventory in real time with 99% accuracy, enabling retail store employees to know what product is in-store and where. RADAR also announced that it has secured more than $50M in funding to date from investors that include some of the biggest global retailers. "AEO is extremely proud of the exceptional service that we provide to our customers, and we are always exploring new technologies and innovative ways to empower our brand teams to deliver a seamless shopping experience," said Michael Rempell, EVP – Chief Operating Officer, AEO. "Our initial test with RADAR provided visibility into inventory availability and placement with impressive accuracy. Based on those results, we are excited to begin implementing RFID technology to unlock operational and inventory efficiencies, while arming our associates to best serve the needs of customers."
Published first on TheFly
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