RADAR Receives $50M in Funding and Prepares to Deploy Inventory Tracking Technology in American Eagle Stores – Retail Technology Innovation Hub

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American Eagle Outfitters will roll out RADAR AI-powered inventory tracking technology in approximately 500 American Eagle stores across the United States over the next year.

RADAR uses a combination of RFID and computer vision to track and locate in-store inventory in real time, allowing employees to know what product is in store where, so they can more easily and efficiently serve customers, restock items on the sales floor and fulfill in-store and field pickup orders.

In addition to the American Eagle deal, RADAR also announced it has secured more than $50 million in financing to date from investors that include Y Combinator, Align Ventures, Sound Ventures and Founders Fund and the family offices behind brands like Michael Kors.

With consumers returning to shop in-store, many retail brands are looking to improve the in-store experience, and having complete visibility into store inventory is critical to achieving this goal, says Spencer Hewett, founder and CEO of RADARS.

We are excited to partner with the American Eagle brand so that we can continue to deliver an excellent customer experience.

AEO is extremely proud of the exceptional service we provide to our customers and we are always exploring new technologies and innovative ways to enable our brand teams to deliver a seamless shopping experience, says Michael Rempell, EVP Chief Operating Officer, AEO .

Our initial test with RADAR provided visibility into inventory availability and placement with impressive accuracy. Based on these findings, we are excited to begin implementing RFID technology to unlock inventory and operational efficiencies while arming our associates to better serve customer needs.

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