PACKAGING manufacturer Coveris has claimed to have revealed a ‘major uplift’ in UK security label production following a ‘surge in retail theft’.
The firm said retailers are stepping up security measures to combat theft of higher value goods including meat, cheese and beverages.
As a manufacturer of loss-prevention label-tags under its SourceTag brand, Coveris revealed it is leading the market for composite security solutions. Recent increases in retail demand mean volumes are up more than 60% year-on-year to tackle theft.
Coveris’ composite SourceTag labels integrate RF (radio frequency) or AM (acoustic magnetic) tags to provide a singular security label that works with existing electronic article surveillance (EAS) antenna systems in-store. The tags are applied during the label manufacturing process to create a ‘covert’ security solution, removing the need for secondary SKUs and in-store application.
The firm’s security labels are said to work ‘seamlessly’ with self-checkouts. With tags deactivated at sale, there are also time savings.
Coveris is now investing in further capabilities and R&D to boost production, security formats and sustainable impact.
Nigel Hewitt, sales director of Coveris’ paper division, explained, “We are working really hard alongside our retail and manufacturing partners to not only reduce in-store theft, but also waste, as part of our No Waste vision. Compared to secondary tagging, our current SourceTag labels offer a more sustainable solution as well as reducing SKUs, cost, process and time, however delivery of a fully sustainable solution is a pioneering development that we are looking to launch within the market imminently.”