Retailers appear to be weighing whether to put radio emitting threads into their clothes to curb theft, according to Bloomberg.
Speaker AZara owner Inditex, the world's biggest publicly held clothing retailer, is among those who have studied the change.
Speaker AThe retail giant in Spain has reportedly talked with a small Spanish technology company, Myrons, and telecommunications operator Telefortica, about the possible application of a system based on an anti theft alarm.
Speaker AProduct so thin it's imperceptible to the naked eye, according to people familiar with the matter who asked not to be named.
Speaker ADiscussing private Information A lot of people discussing private information this weekend.
Speaker AMyron's product, which one of the people says is five times thinner than a human hair or about a thousandth of an inch, uses a conductive ink derived from cellulose to transmit signals.
Speaker AIt can set off alarms if someone walks out of a shop with items whose woven in tags haven't been deactivated.
Speaker AThe novel ink replaces aluminum, the main material used in most alarms.
Speaker AThat would mean retailers wouldn't need to rely on the metal for alarms, making the devices potentially biodegradable and supporting the garment's recyclability.
Speaker AThis is all in the name of sustainability and but Anne, my question for you.
Speaker AAre you buying or selling clothing made of radio admitting threads?
Speaker BI am investing in further research, Chris, so I guess that means I'm buying because but like, let me just caveat this.
Speaker BIf we are ever going to get YouTube comments, I think talking about Amazon fertility trackers and putting radio frequency threats that are the size of hairs, right?
Speaker BThis is going to be the week that we get blasted with YouTube comments.
Speaker BBut here's the thing, randos.
Speaker BYes, exactly.
Speaker BSo I do think that this is one of those technologies that could save retailers a lot of money.
Speaker BThey're going to have to invest heavily in it.
Speaker BBut I think with what we were seeing with rfid, like there are still ways like some RFID tags are still being ripped out of products and there still is a massive return on an investment though, in some of this technology.
Speaker BI'm going to give you an example.
Speaker BSo Lululemon, we know they have RFID in their product, right?
Speaker AYep.
Speaker BI was just with my son.
Speaker BI got him a Lululemon shirt for his birthday.
Speaker BHe decided he wanted to return it.
Speaker BWe went through the whole rigmarole of things, but they knew exactly how much I paid for that shirt.
Speaker BI got it on sale.
Speaker BThey knew exactly how much I paid for that shirt without a receipt.
Speaker BThey knew this is the exact number of dollars and there are significant savings.
Speaker BYou Know, you think about multiplying that times thousands and thousands and thousands of products that are going through the system and that are going through customers hands all the time.
Speaker BLike there is significant money that they are saving by knowing exactly how much I paid for that and only giving the customer like that much money back.
Speaker BSo I do think that this is something that could be worth investing in that is a little bit more preventative than some of the RFID tagging out there.
Speaker BBut it might be down the road.
Speaker BLike I'm willing.
Speaker AI'm, I don't, I don't agree with you.
Speaker AIn fact, I think you just made my point for me.
Speaker AAnd honestly, in fairness, like I'm selling this hard.
Speaker AI'm selling this hard because your Lulu exem.
Speaker ALululemon example was great.
Speaker ALike, I mean this.
Speaker AWhy do you need this?
Speaker AI mean we, we had Troy Sewick of G Store on our Spotlight podcast on a few weeks ago talking about RFID and overhead readers basically approximating the same thing throughout a store.
Speaker ASo like, I don't see what value this presents.
Speaker AAnd it gets really crazy with like radio emitting threads on people, you know, like full scale on people's bodies and all that kind of stuff.
Speaker AI think it's a good story for a Bloomberg reporter to get some clicks, but honestly, I like the offshoots.
Speaker APlus there's so many more things you can do with the offshoots of the concept that RFID and overhead readers too, like they get into the operations of the business too.
Speaker AAnd it's so much farther along than this too.
Speaker ASo, so I would be maybe tangentially looking at this at best as an idea.
Speaker AI don't, I don't, I don't like.
Speaker BBut I think some of the RFID stuff selling it, the RFID stuff that you're talking about is enabled because of the hang tags on those garments.
Speaker BIt's not all embedded in the garments themselves.
Speaker BSo like, if you could have the capabilities of RFID within a garment that's made from the cellulose of plants.
Speaker BLike, I think there are some legs here that where, if you could just, if you could, this could be the replacement for RFID down the road.
Speaker BThat eliminates some of the challenges that some retailers may have with RFID tagging or tags getting ripped off.
Speaker BI think, I think maybe, maybe.
Speaker AYeah, we got to, we got to get a good friend, Marshall K.
Speaker ABack on the podcast talking about the value of RFID tags versus embedded threads.
Speaker AI think he'll have to solve this question for us.
Speaker AHopefully he sees this podcast or listens this podcast and weighs in on that topic.
Speaker ABut I don't know.
Speaker AI don't know.
Speaker AI'm still selling it and.