Latest news with #SensormaticSolutions
Fibre2Fashion
12-05-2025
- Business
- Fibre2Fashion
UK retail footfall rises in April; combined data shows modest gain
Total UK footfall increased by 7.2 per cent in April year-on-year (YoY), reversing the 5.4 per cent decline recorded in March. However, this sharp rise is largely attributed to the timing of Easter, which fell in April this year rather than March as it did last year, distorting YoY comparisons, according to the British Retail Consortium (BRC) & Sensormatic Solutions latest released data. UK retail footfall rose 7.2 per cent YoY in April, rebounding from March's 5.4 per cent dip, mainly due to Easter falling in April this year. Combined March-April data shows a modest 0.2 per cent rise, revealing a more balanced trend. All UK nations saw gains, with Northern Ireland up 14.3 per cent. Retailers aim to sustain momentum into summer. 'April brought a welcome rebound in footfall, with shopper numbers rising +7.2 per cent YoY across all retail destinations. The combination of Easter trading and the sunniest April on record helped entice consumers back into stores,' Andy Sumpter, retail consultant EMEA for Sensormatic, commented. High Street footfall rose by 5.3 per cent in April after a 4.0 per cent decline in March, while Retail Parks saw a stronger rebound with a 7.5 per cent increase following a 1.2 per cent drop the previous month. Shopping Centres also improved, recording a 5.6 per cent rise after a significant 5.8 per cent decline in March. "A late Easter and some welcome rays of sunshine encouraged shoppers to head out to their local shopping destinations in April. Adjusting for the late fall of Easter this year, footfall across March and April showed a small but positive trend, with retail parks continuing to perform the strongest out of all locations," Helen Dickinson, chief executive of the British Retail Consortium, said in a release. All UK nations experienced growth in footfall during April, with England reporting a 6.7 per cent increase and Scotland recording a rise of 6.9 per cent. Wales saw a notable surge of 13.6 per cent, and Northern Ireland led the growth with a 14.3 per cent YoY increase. Despite the strong April figures, the combined data for March and April, released to neutralise the impact of the Easter calendar shift, paints a more subdued picture. Total UK footfall rose by only 0.2 per cent compared to the same period last year, with High Street footfall also increasing by 0.2 per cent. Retail Parks outperformed other locations with a 2.7 per cent rise, but Shopping Centres continued to face difficulties, recording a 0.7 per cent decline. 'Looking at March and April together however, the overall picture for the UK is more balanced, with footfall across the two months up just +0.2 per cent YoY. While this suggests that April's gains largely offset March's dip, it also highlights the importance of sustained engagement beyond seasonal peaks. Retailers will now be looking to build on this momentum as we move into the summer months,' added Sumpter. 'The Labour Party pledged to revitalise high streets across the country, however, current proposals to reform the business rate system will lead to higher bills for many anchor stores on our high streets. These businesses drive footfall to key shopping areas and to the many smaller retailers, cafes and other businesses that reside there. If the government wishes to see thriving town and city centres, it must ensure no shop pays more as a result of business rates reform, thereby enabling retailers' ability to invest in their local communities,' Dickinson added. Fibre2Fashion News Desk (HU)
Business Wire
06-05-2025
- Business
- Business Wire
Sensormatic Solutions offers all-inclusive solutions and services that connect source to store, simplifying retail operations and enhancing shopper experiences
NEUHAUSEN, Switzerland--(BUSINESS WIRE)-- Sensormatic Solutions, the leading global retail solutions portfolio of Johnson Controls (NYSE: JCI), today announced its all-inclusive services and solutions offering that connects operations from source to store for enhanced merchandise visibility throughout the supply chain, with the flexibility to adapt to retailer-specific needs and product categories. This bundled offering brings together Sensormatic Solutions established source-tagging model; labeling, printing and encoding practices; radio-frequency identification (RFID) hardware; TrueVUE Cloud software; and professional services to help retailers increase revenue, optimize labor, minimize total retail loss, gain item-level inventory visibility and enhance the brand experience. 'We are committed to partnering with retailers throughout their entire journey, enabling them to focus on what matters most: their shoppers,' said Tony D'Onofrio, president of Sensormatic Solutions. 'Retailers know the value of extending insight across their supply chains, from the source to the store, but the first step may be different for everyone. Our retail expertise in solutions integration can accommodate each retailer's unique needs and tech stacks, ensuring flexibility and customization. This not only provides insights and actions to enhance current operations but can also evolve to meet future needs.' RFID-based solutions and insights enable retailers to connect the dots through the supply chain to their store operations, ensuring merchandise is where it needs to be throughout the product journey. Additionally, as this offering leverages Sensormatic Solutions award-winning and successful source-tagging for electronic article surveillance (EAS) program, retailers can feel confident that merchandise arrives protected, brand-compliant and ready for the sales floor, allowing store associates more time to dedicate to their customers. As part of this program, Sensormatic Solutions Professional Services provides strategic direction and know-how related to designing, deploying and integrating an end-to-end solution as well as guidance on turning RFID insights into actions. These services help retailers design cohesive solutions that meet their precise needs with room to adjust as their business changes, future-proofing investments and building a foundation for long-term success. To support the growing global demand for RFID-based systems and customer needs, Sensormatic Solutions plans to continue expanding its RFID Service Bureau network. A new facility has recently been opened in India, along with an expansion of its facility in China. This growth enhances Sensormatic Solutions global presence and affirms its commitment to meeting the needs of retailers in every major region. To learn more about connecting retailers from source to store with RFID- and EAS-based solutions, visit the Sensormatic Solutions website. About Johnson Controls At Johnson Controls (NYSE:JCI), we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet. Building on a proud history of 140 years of innovation, we deliver the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through OpenBlue, our comprehensive digital offering. Today, Johnson Controls offers the world`s largest portfolio of building technology and software as well as service solutions from some of the most trusted names in the industry. Visit for more information and follow @Johnson Controls on social platforms. About Sensormatic Solutions Sensormatic Solutions, the leading global retail solutions portfolio of Johnson Controls, powers safe, secure and seamless retail experiences. For more than 50 years, the brand has been at the forefront of the industry's fast-moving technology adoption, redefining retail operations on a global scale and turning insights into actions. Sensormatic Solutions delivers an interconnected ecosystem of loss prevention, inventory intelligence and traffic insight solutions, along with our services and partners to enable retailers worldwide to innovate and elevate with precision, connecting data-driven outcomes that shape retail's future. Please visit Sensormatic Solutions or follow us on LinkedIn, X and our YouTube channel.
Fashion Network
23-04-2025
- Business
- Fashion Network
Week-on-week footfall good, year-on-year poor over Easter in UK
The four-day Easter bank holiday weekend (18-21 April) delivered a much-needed week-on-week boost for retail footfall as shoppers splashed out mostly on seasonal treats and entertaining, data from Sensormatic Solutions shows. However, while Easter delivered a welcome boost to week-on-week shopper traffic, it couldn't match last year's footfall performance, with total store visits declining a disappointing 7.5% over the Easter weekend compared to 2024. This is a shame for wider retail such as fashion, given Easter's the second biggest trading event after Christmas, tipped this year to exceed a £2.3 billion spend by GlobalData. According to Sensormatic's ShopperTrak Analytics insights platform, which captures 40 billion store visits globally each year, footfall on Good Friday (18 April) was central as it delivered a 40.8% week-on-week increase to store visits across all retail destinations. Saturday (19 April) also saw footfall rising compared to the week prior, up 11.6%, and week-on-week shopper counts on Easter Monday (21 April) jumped 17.4% with retail parks seeing the greatest increase, up 27%. Of course, given that easter is a holiday week, then footfall would always be expected to be higher week-on-week. That 7.5% fall year on year is bad news, especially as Easter 2024 was in late March/early April and a sunny Easter later in April should have generated some more shopping enthusiasm in 2025. Shopping centres for Easter weekend itself saw the biggest decline this time at -9.6% against last year. Retail parks, while still down, saw the smallest decline – down 6.2%. Andy Sumpter, Sensormatic Solutions' EMEA Retail consultant, said: 'After a slow start to spring for shopper traffic, and the late dates of Easter this year hitting footfall performance in March, retailers will have been counting on a bank holiday boost to over the Easter weekend. 'While they will have welcomed the uptick in shopper traffic compared to the week before, many retailers may have been left feeling disappointed that footfall performance didn't match that of 2024; proof, perhaps, that when it comes to peak trading retail events, you can't put all your eggs in one basket.' He added: 'In light of continuing consumer caution and shaky shopper confidence, retailers need to double down on delivering the compelling 'reasons to visit', which keep shoppers coming back - both to browse and to buy.'
Fashion United
23-04-2025
- Business
- Fashion United
Easter weekend delivers a footfall boost but store visits dip
The latest footfall data from Sensormatic Solutions, the global retail solutions portfolio of Johnson Controls, has revealed that Easter delivered a weekly boost to footfall in the UK as shoppers splashed out on seasonal treats and entertaining over the four-day Bank holiday weekend. Data from Sensormatic's ShopperTrak Analytics insights platform, which captures 40 billion store visits globally annually, showed that footfall on Good Friday (April 18) delivered a +40.8 percent week-on-week increase to store visits across all retail destinations. As retail's second biggest trading event after Christmas, Easter is an important time for retailers, and the Saturday of the long weekend (April 19) also saw footfall rising compared to the week prior, up + 11.6 percent. Easter Monday also saw total retail footfall rise by +17.4 percent versus the week before, with retail parks seeing the greatest increase, up +27 percent. However, while Easter delivered a welcome boost to weekly shopper traffic, data from Sensormatic shows that it couldn't match last year's footfall performance, with total store visits declining -7.5 percent over the Easter weekend compared to 2024, which fell earlier from March 24 to 30, 2024. Andy Sumpter, EMEA retail consultant at Sensormatic Solutions, said in a statement: 'After a slow start to spring for shopper traffic, and the late dates of Easter this year hitting footfall performance in March, retailers will have been counting on a bank holiday boost to over the Easter weekend. 'While they will have welcomed the uptick in shopper traffic compared to the week before, many retailers may have been left feeling disappointed that footfall performance didn't match that of 2024; proof, perhaps, that when it comes to peak trading retail events, you can't put all your eggs in one basket. In light of continuing consumer caution and shaky shopper confidence, retailers need to double down on delivering the compelling 'reasons to visit', which keep shoppers coming back - both to browse and to buy.'
Globe and Mail
31-03-2025
- Business
- Globe and Mail
INEO Announces Corporate Update
Surrey, British Columbia--(Newsfile Corp. - March 31, 2025) - INEO Tech Corp. (TSXV: INEO) (OTCQB: INEOF) (the " Company" or " INEO"), a leading provider of loss prevention and in-store retail media, today delivers a corporate update. "INEO has had a strong start to the year in terms of deals and relationships, which will provide strength to the business going forward," said Kyle Hall, CEO of INEO. "Founder, President and Chairman, Greg Watkin, and I have both been to several trade shows with our key partners in the US and in Europe while also visiting new customers and prospects in each market. This has resulted in our first installs of INEO Welcoming Systems in the UK and in Turkey. New sales presentations are happening across the US as our new partner there ramps up activity. Tariffs are a potential concern but not affecting us in any measurable way. Having our European and UK initiatives launched will give us some degree of diversification away from the US market." Recapping some of the most recent Company initiatives is as follows: On January 13, 2025, the Company announced a strategic technology agreement with Sensormatic Solutions, the leading global retail solutions portfolio of Johnson Controls. The agreement is for a license to INEO's patents and manufacturing know-how, and the collaboration will integrate INEO's patented Welcoming System technology with Sensormatic Solutions' industry-leading loss prevention tools. INEO demonstrated its Welcoming System as part of the Sensormatic Solutions showcase during major retail trade shows in New York City and Dusseldorf, Germany earlier this year as well. INEO has sold complete INEO Welcoming Systems to Sensormatic Solutions for use in pilots and demonstration sites. On January 31, 2025 the Company announced it signed a reseller agreement with Bon Intelligence Inc., a provider of AI driven retail analytics in Turkey. This agreement marked a significant milestone in INEO's international expansion strategy, bringing its advanced technology to one of the most dynamic retail markets in the world. Bon has since installed INEO systems at two leading Turkish retailers. Bon has installed multiple INEO signage systems in Bambi, a high fashion shoe retailer, and has deployed a full INEO Welcoming System in a leading beauty supply retailer. On March 5, 2025 INEO installed a complete INEO Welcoming System at the head of office location of a large UK retailer and has a commitment for 24 systems to be installed in their stores in approximately 12 weeks time. More details will be released at that time. INEO's Retail Media network within it's key US-based office supply store customer now has 171 INEO Welcoming systems installed in stores covering over 30 states. In the key southern California media market INEO has over 40 locations installed. Furthermore, INEO is now installing at least three additional screens per store and has a total of 205 screens installed and available for advertising. INEO has changed the management structure of INEO Retail Media to bring it in line with the Company's core objectives. Former INEO Retail Media lead, Salim Tharani via his company 1114270 B.C. LTD, is no longer associated with INEO. INEO's Retail Media division is now being led by Amit Pannu, INEO's VP of Sales. Additionally, INEO has entered into an agreement with Morgan Creek Communications inc. to provide Investor Relations services for the Company. "INEO remains committed to driving value and executing our core strategic priorities," said Greg Watkin, Founder, President and Chairman of INEO. "We are making strong progress in three key areas: supporting our sales channel partners in deploying INEO products and technology; expanding our office supply store advertising network; and expanding our direct channel reach by securing additional retail customers into our recurring revenue programs." Per: "Kyle Hall" Kyle Hall, Chief Executive Officer and Director, About INEO Tech Corp. (TSXV: INEO) (OTCQB: INEOF) INEO Tech Corp., through its wholly owned subsidiary, INEO Solutions Inc., operates the INEO Media Network, a digital advertising and analytics solution for retailers. INEO's patented technology integrates and monetizes digital screens with theft detection sensor gates at the entrance of retail stores. The Company's cloud-based platform uses IoT (Internet of Things) and AI (Artificial Intelligence) technology to deliver customized digital advertising to each retail location based on the demographic mix of customer traffic at each location. The Company also deploys the INEO Welcoming Network technology through a SaaS-based solution to larger retail chains. INEO is headquartered in Surrey, Canada and publicly traded on the TSX-Venture Exchange under the symbol " INEO" and on the OTCQB-Venture Market under the symbol " INEOF". Future-Oriented Financial Information To the extent any forward-looking statements in this press release may constitute future-oriented financial information or financial outlooks within the meaning of securities laws, such information is being provided to demonstrate the potential financial performance of INEO and readers are cautioned that this information may not be appropriate for and should not be used for any other purpose and that they should not place undue reliance on such future-oriented financial information and financial outlooks. Future-oriented financial information and financial outlooks, as with forward-looking information generally, are, without limitation, based on the assumptions and subject to the risks set out below under "Forward-Looking Statements". Forward-Looking Statements Investors are cautioned that, except as disclosed in the disclosure document, any information released or received with respect to the Company may not be accurate or complete and should not be relied upon. Trading in securities of the Company should be considered highly speculative. This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectations. Important factors - including the availability of funds, acceptance of the Company's products, competition, and general market conditions - that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed on SEDAR, including the Annual Information Form for the year ended June 30, 2022 filed on SEDAR on November 4, 2022. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
