GlobeNewswire
2012-01-16
Tesco to Realize Enhanced Business Agility, Increased
Flexibility and Reduced TCO
NEW YORK, Jan. 16, 2012 (GLOBE NEWSWIRE) -- Retalix(R) Ltd.
(Nasdaq:RTLX) announced today that Tesco Plc. (LSE:TSCO) will commence
the deployment of its next generation store platform following a
successful initial pilot of the Retalix 10 Store Suite software. Tesco,
the third largest grocery retailer in the world, has been a Retalix
business partner since 1995, and is operating a range of Retalix store
solutions across more than 4,000 stores in 11 countries.
"We are delighted with our choice of the Retalix 10 store suite which
we plan to implement in all of our stores worldwide," said Mike
McNamara, chief information officer of Tesco Plc. "Retalix 10 will form
the foundation of our store technology. Its extensible, service
oriented architecture allows us to add new features and services for
our customers at speed."
McNamara added, "Continuous innovation, operational efficiency and a
relentless focus on the customer have helped Tesco become one of the
world's largest and most successful retailers. Retalix is one of a very
small number of technology companies who we regard as strategic
partners in our efforts to improve the shopping trip for our
customers."
Shuky Sheffer, chief executive officer of Retalix, said, "Retalix is
proud to be Tesco's partner of choice for the deployment of their
future strategic store platform. This innovative suite will provide
Tesco with the industry--leading solutions that are required to operate
in today's competitive and fast-changing markets. I am positive that
Retalix 10 will enable Tesco to deliver a superior and seamless shopper
experience, as well as significant benefits of business agility and
operational efficiencies, supporting Tesco's goals. We greatly value
our partnership with Tesco, and will continue to be committed to
Tesco's success."
The Retalix 10 Store and Sales Channels suite is the next-generation
store platform from Retalix. Designed around a single software engine,
Retalix 10 unifies and streamlines deployment and management of
in-store systems, mobile commerce and online storefront channels. The
platform ensures a consistent and personalized shopping experience
across all touch points and sales channels, which include POS,
self-checkout, self-scanning, customer scale, customer kiosk, fuel
sales, mobile commerce and e-commerce, as well as a range of store and
chain management applications.
The solution's unique architecture enables high volume, high complexity
retailers to break away from systems requiring integration of disparate
'silos' into a unified platform for utmost flexibility, accelerated
time-to-market and enhanced central management capabilities. This
enables a variety of deployment options such as 'thin store', 'thin
POS', or any combination, as well as Cloud readiness, which opens up a
new world of lean operations and reduced TCO.
Tesco and Retalix at NRF's Big Show:
Mike McNamara will be presenting a "BIG !deas" session focusing on the
future of Tesco's retail IT strategies. Titled "Tesco is future ready
with the next-generation store solution from Retalix", the presentation
will be held on January 17th, 2012, at 9:30 a.m. at NRF's Big Show in
the Jacob Javits Convention Center in New York.
For more information on the Retalix 10 Store Suite, visit:
http://www.retalix10.com
About Tesco Plc.
Tesco is the UK's largest retailer and one of the world's leading
international retailers, with sales of $97B in FY2010/2011. Tesco has
around 5,000 stores worldwide, in Europe, Asia and the USA, and employs
nearly 500,000 people in the 14 countries in which it operates, running
multiple retail formats, including hypermarkets, supermarkets, metro
(city center), and express (convenience) stores.
To learn more, go to www.tescoplc.com
About Retalix
Retalix is a leading global provider of innovative software and
services to high volume, high complexity retailers, including
supermarkets, convenience stores, fuel stations, drugstores and
department stores. The company's products and services help its
customers to manage and optimize their retail operations, differentiate
their brand and build consumer loyalty, while providing retailers with
the flexibility and scalability to support ongoing business
transformation and growth. Retalix offers solutions for point-of-sale
(POS), sales channels and in-store management (including mobile and
e-commerce), customer management and marketing, merchandising, and
logistics. By leveraging a multitude of deployment options, including
Software-As-A-Service (SaaS), Retalix serves a large customer base of
approximately 70,000 stores across more than 50 countries worldwide.
The Company's headquarters are located in Ra'anana, Israel, and its
North America headquarters are located in Plano, Texas. Retalix stock
trades on the NASDAQ and the Tel Aviv Stock Exchange.
For more information, visit http://www.retalix.com, the contents of
which are not part of this press release. Follow Retalix on Twitter:
@Retalix.
Retalix is a registered trademark of Retalix Ltd. in the United States
and in other countries. The names of actual companies, products and
services mentioned herein may be the trademarks of their respective
owners.
The Retalix Ltd. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=5937
Safe Harbor for Forward-Looking Statements: Except for statements of
historical fact, the information presented herein constitutes
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995 and U.S. federal securities laws. For
example, the statements regarding the future rollout of deployment of
Retalix solutions and the performance goals that Retalix customers are
trying to achieve by deploying such solutions all include
forward-looking statements. Such forward-looking statements involve
known and unknown risks, uncertainties and other factors which may
cause the actual results, performance or achievements of Retalix,
including revenues, income and expenses, to be materially different
from any future results, performance or achievements or other guidance
or outlooks expressed or implied by such forward-looking statements.
Such factors include risks relating to Retalix's anticipated future
financial performance and growth, continued roll-outs with existing
customers, continued interest in Retalix's new platforms, the
perception by leading retailers of Retalix's reputation, the potential
benefits to food and fuel retailers and distributors, expansion into
new geographic markets, and other factors over which Retalix may have
little or no control. This list is intended to identify only certain of
the principal factors that could cause actual results to differ.
Readers are referred to the reports and documents filed by Retalix with
the Securities and Exchange Commission, including Retalix's Annual
Report on Form 20-F for the year ended December 31, 2010, for a
discussion of these and other important risk factors. Except as
required by law, Retalix undertakes no obligation to publicly release
the results of any revisions to these forward-looking statements that
may be made to reflect events or circumstances after the date hereof,
or to reflect the occurrence of unanticipated events.
CONTACT: For media information:
Brad Prizer
Retalix Ltd.
+1-877-573-7193
brad.prizer@retalix.com
For corporate affairs:
Doron Gerassi
Retalix Ltd.
+972-9-7766677 x6275
Investors@retalix.com