Retalix Ltd. is a former
Israeli
Israeli may refer to:
* Something of, from, or related to the State of Israel
* Israelis, citizens or permanent residents of the State of Israel
* Modern Hebrew, a language
* ''Israeli'' (newspaper), published from 2006 to 2008
* Guni Israeli ...
software company
A software company is a company whose primary products are various forms of software, software technology, distribution, and software product development. They make up the software industry.
Types
There are a number of different types of softw ...
that developed, licensed, implemented and supported software applications for
retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and t ...
ers,
wholesale
Wholesaling or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional or other professional business users; or to other wholesalers (wholesale businesses) and related subordinated services. In ...
rs and
distributors
A distributor is an enclosed rotating switch used in spark-ignition internal combustion engines that have mechanically timed ignition. The distributor's main function is to route high voltage current from the ignition coil to the spark plugs ...
of
fast-moving consumer goods
Fast-moving consumer goods (FMCG), also known as consumer packaged goods (CPG), are products that are sold quickly and at a relatively low cost. Examples include non-durable household goods such as packaged foods, beverages, toiletries, cand ...
, mainly in the
grocery
A grocery store ( AE), grocery shop ( BE) or simply grocery is a store that primarily retails a general range of food products, which may be fresh or packaged. In everyday U.S. usage, however, "grocery store" is a synonym for supermarket, an ...
,
convenience store
A convenience store, convenience shop, corner store or corner shop is a small retail business that stocks a range of everyday items such as coffee, groceries, snack foods, confectionery, soft drinks, ice creams, tobacco products, lottery ticket ...
, and
foodservice
The foodservice (US English) or catering (British English) industry includes the businesses, institutions, and companies which prepare meals outside the home. It includes restaurants, school and hospital cafeterias, catering operations, and many ...
industries.
Retalix software includes
point of sale
The point of sale (POS) or point of purchase (POP) is the time and place at which a retail transaction is completed. At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice f ...
, retail operations,
customer loyalty
The loyalty business model is a business model used in strategic management in which company resources are employed so as to increase the loyalty of customers and other stakeholders in the expectation that corporate objectives will be met or sur ...
,
supply chain management (SCM),
warehouse management (WMS), and
transportation management (TMS). In 2011, Retalix was ranked among the top four software vendors for grocery retailers and among the top ten large software vendors to retailers.
Retalix was established in 1982 by Barry Shaked and Brian Cooper as Point of Sale Ltd.
Retalix was headquartered in
Ra'anana
Ra'anana ( he, רַעֲנָנָּה, lit. "Fresh") is a city in the southern Sharon Plain of the Central District of Israel. It was founded in 1922 as an American-Jewish settlement, 1 km south of the village of Tabsur, where an important ...
,
Israel
Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...
, Retalix's North American headquarters was located in
Plano, Texas
Plano ( ) is a city in Collin County, Texas, Collin County and Denton County, Texas, United States. It had a population of 285,494 at the 2020 United States census, 2020 census. It is a principal city of the Dallas–Fort Worth metroplex.
Hist ...
. Retalix also operated offices in the
UK,
France
France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pac ...
,
Italy
Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical re ...
,
Australia
Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...
, and
Japan
Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north ...
. In February 2013, Retalix was acquired by
NCR Corporation
NCR Corporation, previously known as National Cash Register, is an American software, consulting and technology company providing several professional services and electronic products. It manufactures self-service kiosks, point-of-sale termin ...
.
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.
On March 27, 2006, Retalix Ltd. restated its second- and third-quarter results on accounting issues, reducing revenue and earnings in both periods.
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. 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
The loyalty business model is a business model used in strategic management in which company resources are employed so as to increase the loyalty of customers and other stakeholders in the expectation that corporate objectives will be met or sur ...
and
optimization
Mathematical optimization (alternatively spelled ''optimisation'') or mathematical programming is the selection of a best element, with regard to some criterion, from some set of available alternatives. It is generally divided into two subfi ...
of ordering.
Between 1994 and 2013, Retalix was a public company. The company's
ordinary shares
Common stock is a form of corporate equity ownership, a type of security. The terms voting share and ordinary share are also used frequently outside of the United States. They are known as equity shares or ordinary shares in the UK and other Comm ...
traded on the
NASDAQ
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...
Global Select Market under the symbol RTLX. The company's shares also traded in the
Tel Aviv Stock Exchange
The Tel Aviv Stock Exchange (TASE; ; colloquially known as The Bursa, ) is Israel's only public stock exchange and a public company that has been traded on the Tel-Aviv Stock Exchange since August 1, 2019. Legally, the exchange is regulated by ...
(TASE). Retalix was listed on the Tel-Tech 15 Index, the TASE's leading technology index, as well as on the
TA-100 Index
The TA-125 Index, typically referred to as the Tel Aviv 125 and formerly the TA-100 Index, is a stock market index of the 125 most highly capitalised companies listed on the Tel Aviv Stock Exchange (TASE). The index began on 1 January 1992 with ...
, consisting of the TASE's top 100 stocks by market capitalization. In November 2012, it was announced that
NCR Corporation
NCR Corporation, previously known as National Cash Register, is an American software, consulting and technology company providing several professional services and electronic products. It manufactures self-service kiosks, point-of-sale termin ...
had agreed to acquire Retalix for , or $30 per share. The acquisition was completed in February 2013, subsequent to which Retalix was delisted from both the Nasdaq and the TASE.
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.
Retalix software has been installed at approximately 70,000 sites in 51 countries. Retalix customers include as
Tesco
Tesco plc () is a British multinational groceries and general merchandise retailer headquartered in Welwyn Garden City, England. In 2011 it was the third-largest retailer in the world measured by gross revenues and the ninth-largest in th ...
,
Carrefour
Carrefour () is a French multinational retail and wholesaling corporation headquartered in Massy, France. The eighth-largest retailer in the world by revenue, it operates a chain of hypermarkets, groceries stores and convenience stores, which ...
,
Delhaize
Delhaize Group SA (, ) was a Belgian multinational retail company headquartered in Molenbeek-Saint-Jean, Brussels, Belgium, and operated in seven countries and on three continents. The principal activity of Delhaize Group was the operation of f ...
,
Intermarche,
Morrisons
Wm Morrison Supermarkets, trading as Morrisons, is the fifth largest supermarket chain in the United Kingdom. As of 2021, the company had 497 supermarkets across England, Wales and Scotland, as well as one in Gibraltar. The company is headqua ...
,
Sainsbury’s
J Sainsbury plc, trading as Sainsbury's, is the second largest chain of supermarkets in the United Kingdom, with a 14.6% share of UK supermarket sales.
Founded in 1869 by John James Sainsbury with a shop in Drury Lane, London, the company wa ...
,
Jumbo
Jumbo (about December 25, 1860 – September 15, 1885), also known as Jumbo the Elephant and Jumbo the Circus Elephant, was a 19th-century male African bush elephant born in Sudan. Jumbo was exported to Jardin des Plantes, a zoo in Paris, and t ...
and
Argos
Argos most often refers to:
* Argos, Peloponnese, a city in Argolis, Greece
** Ancient Argos, the ancient city
* Argos (retailer), a catalogue retailer operating in the United Kingdom and Ireland
Argos or ARGOS may also refer to:
Businesses
* ...
in Europe;
Target Canada
Target Canada Co. was the Canadian subsidiary of the Target Corporation, the eighth-largest retailer in the United States. Formerly headquartered in Mississauga, Ontario, the subsidiary was formed with the acquisition of Zellers store leases fr ...
;
Woolworths
Woolworth, Woolworth's, or Woolworths may refer to:
Businesses
* F. W. Woolworth Company, the original US-based chain of "five and dime" (5¢ and 10¢) stores
* Woolworths Group (United Kingdom), former operator of the Woolworths chain of shops ...
,
Coles and
Metcash
Metcash Trading () is an Australian conglomerate company headquartered in Wooloomooloo, NSW.
Metcash is a distributing and marketing support in supermarket groceries, perishables, fresh produce, alcoholic beverages, hardware, and other consumer ...
in Australia;
Food Lion
Food Lion is an American regional grocery store chain headquartered in Salisbury, North Carolina, that operates over 1100 supermarkets in 10 states of the Mid-Atlantic and Southeastern United States (Delaware, Georgia, Kentucky, Maryland, North ...
,
Hannaford Bros.,
Hy-Vee
Hy-Vee, Inc. () is an employee-owned chain of supermarkets in the Midwestern and Southern United States, with more than 280 locations in Iowa, Illinois, Kansas, Minnesota, Missouri, Nebraska, South Dakota, Wisconsin, and soon Indiana, Kentucky, ...
,