Retalix

Retalix

Type	Public (NASDAQ: RTLX), (TASE: RTLX)
Industry	Computer software
Founded	1982
Headquarters	Ra'anana, Israel
Key people	Joshua Sheffer, CEO, Avinoam Naor, Chairman
Revenue	USD 236 million (2011)
Net income	USD 13.7 million (2011, GAAP), USD 19.4 million (2011, Adjusted)
Website	www.retalix.com

Retalix Ltd. (NASDAQ: RTLX) is a software company that develops, licenses, implements and supports software applications for retailers, wholesalers and distributors of fast moving consumer goods, mainly in the grocery, convenience store and foodservice industries.

Retalix software includes point of sale, retail operations, customer loyalty, supply chain management (SCM), warehouse management (WMS) and transportation management (TMS). In 2008, Retalix was ranked among the top four software vendors for grocery retailers and among the top ten software vendors to retailers overall.^[1]

Established in 1982 and headquartered in Ra'anana, Israel, Retalix's North American headquarters are located in Plano, Texas. Retalix also operates offices in the UK, France, Italy, Australia and Japan.

Company history

Since its inception until the mid-1990s, the company focused on the development and sale of store-level software solutions to grocery retailers. During the late 1990s the company widened its offerings to cover also solutions for the fuel and convenience retail market, as well as solutions covering the management of retail operations at the chain level. In 2000, the company changed its name from "Point Of Sale Ltd" to "Retalix Ltd", to reflect the expansion of its solutions offering beyond the store level.^[2]

Retalix's growth strategy has been to expand its enterprise and supply chain management applications while maintaining close integration with its widely installed, in-store solutions. It has grown both organically and through acquisition. In 2004 Retalix acquired OMI International, a warehouse management system (WMS) and supply chain management (SCM) vendor that was also focused on the retail food sector.^[3] The company continued with its growth strategy in 2005 through the acquisition of IDS, which expanded its offerings to include enterprise software for wholesale distributors. Also in 2005, Retalix acquired TCI Solutions, a software provider for grocery retailers in the area of store and headquarters management and operations. In recent years, Retalix introduced new solutions complementing current retail industry focuses, such as customer loyalty and optimization of ordering.^[2]

Retalix is a public company since 1994. The company's ordinary shares are traded on NASDAQ Global Select Market under the symbol RTLX.^[4] The company's shares are also traded in the Tel Aviv Stock Exchange (TASE).^[5] Retalix is listed in the Tel-Tech 15 Index, the TASE's leading technology index,^[6] and in the TA-100 Index, which consists of the 100 stocks with the highest market capitalization on TASE.^[7]

Customers

Retalix software is used by grocery and convenience store retailers, petrol stations and quick service restaurants as well as by foodservice, convenience and grocery wholesale distributors. Among the company's customers are eight of the top 25 worldwide food retailers.^[8] While the company maintains a business focus on large retailers, it also has significant market share among small and medium-sized retailers, as evidenced by its ranking among retail software vendors^[9]:

“Retalix, Epicor, Manhattan and SAS have large client lists among billion-dollar retailers, which is why they are singled out as leaders in the Tier One category. But Retalix is unique among these three for also making an appearance on the Mid-Market list.”^[1]

Retalix software solutions have been installed at approximately 70,000 sites in 51 countries. Retalix customers include leading supermarket chains, diversified retailers, mass merchants and food service distributors such as Tesco, Carrefour, Delhaize, Intermarche, Morrisons, Sainsbury’s, Jumbo and Argos in Europe; Target Canada; Woolworths, Coles and Metcash in Australia; Publix, Food Lion, Hannaford Bros., Hy-Vee, K-VA-T Food City, Big Y, Food Services of America, Odom, Save-A-Lot and Save Mart in the United States; large convenience store and fuel retailers, such as BP in Australia, the UK and North America; the Reitan group in Scandinavia, PetroChina and Reliance in Asia; Casey's, Husky, Irving, Love's, Pilot Travel Centers and The Pantry in North America; and large health and beauty retailers such as Walgreens in the United States and A.S. Watson Group in Europe and Asia.^[10]

External links

• Retalix's corporate website

Business data

• Retalix Limited at Google Finance
• Retalix Limited at Yahoo! Finance
• Retalix Limited at Hoover's
• Retalix Limited at Reuters
• Retalix Limited SEC filings at EDGAR Online
• Retalix Limited SEC filings at the Securities and Exchange Commission

References

v t e TA 100 companies of the Tel Aviv Stock Exchange Africa Israel Investments Alvarion Bank Hapoalim Bank Leumi Bank Mizrahi-Tfahot BAZAN - Oil Refineries Bezeq - The Israel Telecommunication Corp Cellcom Ceragon Networks Delek Group Discount Investment Corporation El Al Elco Holdings Elbit Imaging Elbit Systems Elron Electronic Industries First International Bank of Israel Frutarom Given Imaging Harel Insurance and Financial Services Housing & Construction Holding HOT Israel Chemicals Israel Corporation Israel Discount Bank Koor Industries MA Industries Migdal Insurance and Financial Holdings NICE Systems Ormat Industries Osem Partner Communications Company Paz Oil Company Perrigo Company Strauss Group Radvision Retalix Shufersal Teva Pharmaceutical Industries