ALEXANDRIA, Va., Feb. 3 -- United States Patent no. 12,541,742, issued on Feb. 3, was assigned to 7-Eleven Inc. (Irving, Texas).

"System and method for determining product count information using magnetic sensors" was invented by Matthew O'daniel Redmond (Denton, Texas).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system includes a longitudinal rack storing a plurality of items, a shoe movably attached to the rack, a magnet coupled to the shoe and a longitudinal circuit board arranged along the length of the rack. The circuit board includes an array of sensors along the length of the rack. Each sensor generates a voltage value depending on a position of the magnet in relation to the sensor. The circuit bo...