Last week while attending a family gathering in North Carolina, surrounded by acres of lush grasses and hardwood trees, I was reminded of the rapid changing nature of business over the past few decades. We were in Greensboro right next to High Point, once the furniture manufacturing capital of the world. Today, even though the annual Furniture Mart continues, many factories, warehouses and stores remain shuttered and abandoned. Businesses today are forced to search for new markets, business models and new methods of generating revenue.
This just in...Macy's and Bloomingdale's rolls out RFID item level tagging of clothing in ten categories beginning in February for all 810 stores plus DCs in 45 U.S. states, DC, Guam and Puerto Rico. In an effort to track inventory more easily on an automated basis, suppliers are being required to apply UHF (ultra high frequency) EPC Gen(eration) 2 RFID tags containing manufacturer, product code and a serial number in a serialized GTIN format (SGTIN-96).