Industry Analysis & Industry Trends
Industry firms experienced only minimal growth in the past five years due to subdued downstream demand from retailers. High unemployment levels reduced per capita disposable income and decreased the amount consumers were willing or able to spend in stores; consequently, demand for the industry's products fell as the retail sector suffered. Likewise, a reduction in the crime rate reduced the impetus for stores to invest in anti-theft and inventory monitoring systems. Revenue growth is anticipated to stabilize in the next five years, however, as demand from retail rebounds.... purchase to read more
Industry Report - Industry Products Chapter
Electronic article surveillance (EAS) is a technology used to identify articles as they pass through a designated region and is generally used to help prevent theft. Regardless of the type, an EAS tag or label is attached to an item. If the tag is hard and reusable, it will need to be removed with a detacher, but if it is disposable, it can be deactivated by swiping it over a pad or with a handheld scanner. If the tag has not been deactivated or detached, the tag will set off an alarm when it is carried through the gates. EAS systems can include antenna systems, tags, pins, labels, hard tag detachers, label deactivators, detuner labels, tamper resistant tags and other specialty EAS devices... purchase to read more