RFID Talk Blog

Walmart: Overseas strategy focuses on mobile payments, not RFID

Item level retail RFID continues to spread rapidly on a global basis, but Walmart execs told attendees at its recent annual meeting that the technology is not a major focus for its international operations. Instead, the retailer is focusing on emerging mobile shopping opportunities at its overseas retail locations.

According to a report in online publication The City Wire, Walmart continues to pursue the potential of RFID in the U.S., but is looking at other options internationally.

Here’s an excerpt from The City Wire article:

Doug McMillon, president for Walmart International, says the RFID target has moved around some for the giant retailer in recent years.

“I think the work we did with RFID in the U.S. was interesting and that’s continued to live on. But it’s not happening internationally, we are more focused today on mobile payment. I don’t think RFID will be as pervasive as we once thought it would, but we continue to stay engaged at the UA to try and make the math work in a practical sense,” McMillon recently told reporters at the shareholder media conference.

Click here to read the entire article.    

Click here to read RFID 24-7′s previous coverage on RFID in retail.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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