| Type | Public (NASDAQ: RTLX), (TASE: RTLX) |
|---|---|
| Industry | Computer software |
| Founded | 1982 |
| Headquarters | Ra'anana, Israel |
| Key people | Joshua Sheffer, CEO, Avi Naor, Chairman |
| Revenue | USD 207.4 million (2010) |
| Net income | USD 10.8 million (2010, GAAP), USD 17.1 million (2010, 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.
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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]
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:
“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]
Among Retalix's customers are: A.S. Watson, Big Y, Brookshire Brothers, Carrefour, Costco, C&S Wholesale Grocers, Delhaize, Food Lion, Hannaford Bros., Hy-Vee, Intermarche, Overwaitea Foods, Publix, Reliance Retail, Sainsbury's, SaveMart, Shoprite, Stater Brothers, SuperValu, Tesco, Woolworths Limited, Alon USA, BP, Casey's, Husky Oil, Irving Oil, Love's, Pilot Corporation, Narvesen, Tesoro, The Pantry, Food Services of America, Metcash, Odom, Merlin Entertainments, Gate Petroleum, Sysco.[2]