Marks and Spencer, a leading U.K.-based department store retailer, announced it had increased spending on supply chain related technology by about 290 percent in the past year, led by continued investment in RFID as well as in it distribution centers and point-of-sale systems.
In the last fiscal year, Marks and Spencer spent 114 million euros ($153m) on supply chain related technology, a substantial increase over the 39 million euros ($52m) the previous year.
Source: Supply Chain Digest, http://www.scdigest.com