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Strategies & Market Trends : The New Economy and its Winners

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From: Bill Harmond	9/13/2017 1:57:58 PM
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TICKER ALERT: PI Impinj: More bullish commentary from Avery Dennison on grocery as an emerging opportunity for RAIN RFID - Dougherty (38.41 -1.16) Dougherty notes Avery Dennison (AVY - large inlay partner that takes the IC from Impinj and incorporates it with an antenna into the finished RAIN RFID tag) is "bullish" the use of RAIN RFID in the grocery market and highlighted it several times during the presentation. Avery Dennison listed the a number of "large scale deployment" of RAIN RFID like TGT and RL. In apparel, Avery Dennison provided statistics on a case study it co-sponsored with the Platt Retail Institute around Macy's use of RAIN RFID. The study found that Macy's was able to reduce markdowns by 65-90%, increase inventory accuracy by 20%, and increase omni-channel sales by over 300% (enabled by "pick to the last unit") in stores that deployed RAIN RFID vs. those that had not yet.

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