Law & Trade

RetailWATCH: Shrink Visibility: The Forensics of Integrating Item Level RFID and Loss Prevention

The integration of item-level RFID information and Loss Prevention data creates a real-time understanding of what, when, and how specific items go missing.

We call this new understanding Shrink Visibility, combining information from Electronic Article Surveillance (EAS), video
surveillance, and new Radio-Frequency Identification (RFID) inventory-visibility technology to give a complete picture of
loss events—at the SKU level and in full context—at the moment they occur.

Shrink Visibility helps retailers:

Shanghai's city pharmacies approved for infant formula sales

Source: 
Shanghai Daily

A total of 82 outlets of seven chain pharmacies in Shanghai have been authorized to sell infant formula. The sale of infant formulas at these drug stores is being strictly monitored to ensure safety. This includes tight supervision of inventory at all outlets approved to sell infant formulas.

 

Philippines mulls minimum price for all cigarettes

Source: 
philstar.com

The Bureau of Internal Revenue is toying with the idea of setting a minimum price for all cigarettes sold in the country to ensure a level playing field and discourage more people from taking up the smoking habit.

Asos warehouse fire in England leads company to halt sales

Source: 
guardian.co.uk

UK online fashion retailer Asos has been forced to suspend its website and stop taking orders, possibly for several days, after a fire at the firm's main warehouse in Barnsley of England's South Yorkshire.

The fire, which South Yorkshire police believe was started deliberately on Friday night, ripped through several floors of Asos's vast distribution centre. It took 10 fire engines and more than 60 firefighters to bring the blaze under control.

Shiseido charged tax penalties in Japan for allegedly keeping profits in US

Source: 
The Japan Times Online

Shiseido Co. is under fire from tax authorities for allegedly failing to report JPY3.8 billion (USD37.3 million) in income for a five-year period through March 2012 by pooling profits at a US subsidiary, sources said.

Japan's top cosmetics brand is planning to dispute the allegation by filing a complaint and calling on Japan and the United States to hold consultations on its case to avoid double taxation, the sources said.

Conspiracy theories abound DJs fight

Source: 
The Sydney Morning Herald Online

A simple grey office building in South Melbourne has found itself at the centre of the David Jones battle.

At No. 35 Market Street, almost in the shade of the West Gate Freeway and its constant noisy passing parade of trucks and cars, is a simple grey office building that has found itself at the centre of an international $2.2 billion battle for the future of Australia's oldest department store, David Jones.

HK supermarkets concerned by slave claims on Thai fishing fleet

Source: 
scmp.com

Hong Kong's two largest supermarket groups are worried about their supply chains following a newspaper investigation claiming Thailand's fishing fleet is crewed by slave labour.

To view the full article (note: you must be an scmp.com subscriber), visit scmp.com. (From seven days after publication, this article will appear in Archive Search.)

Australian fashion companies named in sweatshop court action

Source: 
The Sydney Morning Herald Online

Australian clothing companies are forcing migrant workers to work up to 15 hours a day while paying them as little as AUD5 an hour, according to court documents lodged by the textile union.

The Textile Clothing and Footwear Union alleges that 23 well-known fashion companies are running unregulated supply chains that exploit low-paid workers – predominantly female migrants – by paying wages well below the legal minimum and failing to provide basic employment entitlements including superannuation, annual leave, workers' compensation and sick leave.

Call for cigarette tax hike in Asia to curb smoking

Source: 
The Malaysian Insider

Anti-smoking campaigners are targeting the low cost of cigarettes in Asia as part of World No Tobacco Day. Cigarettes are cheap in many Asian countries with packets selling for around USD1, ABC News reports. Kylie Lindorff from Melbourne-based Cancer Council Victoria says experience from Australia shows raising taxes is one of the most important things a government can do to deter smoking.

Knockoffs a headache for IPO-bound Alibaba

Source: 
Chinapost.com.tw

At first glance, the Monster Tron T1 headphones sold on Chinese e-commerce giant Alibaba's Taobao site are a tempting offer for audiophiles looking for state-of-the-art hi-fi equipment.

 

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