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RFID-enabled Future Store set to become a reality in Russia

The time has arrived for the “Future Store” in Russia. In June 2011 RFID 24-7 reported about a consortium of companies in Russia that had banded together to conduct research on the Future Store, an RFID-enabled retail strategy that would increase inventory visibility, reduce the need for checkouts and allow stores to run with minimal staffing.

Future Store, RFID in retail, item level tagging

A Future Store pilot will open in Russia next month.

That research is coming to fruition. According to RFID hardware supplier Nordic ID, the project will be commercialized in 2013, with the first pilot opening by the end of next month.

At the time of the 2011 announcement, the project carried a budget of $350 million rubles, equal to about $11.5M U.S. Nordic ID signed a letter of intent to become a supplier for the project this week.

“The Russian Future Store is a store with no queues, with a minimum number of personnel and cashiers,” Olga Karaeva, Director General of the Future Store, told Nordic ID earlier this year.

“It provides a complete goods delivery control from manufacturer to consumer, the ability to track the movement of goods from the warehouse to the sales area, the shelf life of each item and instant information on the number and composition of the products on the shelf, fast inventory and expiry date control. It is a fully automated shopping process, with RFID playing a key role”, explains Karaeva.

 

 

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