Undeterred by the security concerns, the retail giant Wal-Mart has decided to expand its RFID rollout to another 500 stores during the current fiscal year.
Wal-Mart has more than 3,900 stores in the USA. Off this, nearly 1000 stores would be using RFID technology by the year-end.
A recent study conducted by RFID Centre at the University of Arkansas proved that the use of RFID technology has brought down out-of-stocks, as well as excess inventory situation at the various stores of Wal-Mart.
Wal-Mart stated that it would continue to work with its next 300 largest suppliers, which are likely to conduct shipping test cases in next month. These suppliers will go live with their shipments in January 2007, adding more than 600 supplier companies using RFID technology in concert with Wal-Mart.
