Sainsbury's Installs Retalix StoreLine POS for Front of Store Replacement Program
UK food giant installs Retalix solutions in its grocery stores and fuel sites.
London, UK, April 15, 2003 - Retalix Ltd., (Nasdaq: RTLX), today announced a successful roll out of Retalix StoreLine POS at Sainsbury’s plc, a leading UK and US grocery retailer. The roll out is part of the group’s UK front of store replacement program known as repos (Re-platforming Electronic Point of Sale.)
In conjunction with Accenture and NCR, Sainsbury’s has now installed repos into over 300 of its 485 stores across the UK. In addition, Sainsbury’s has installed Retalix Storeline in over 100 of its 230 fuel sites. The Retalix StoreLine solution is the only Grocery Point of Sale system with integrated fuel site functionality.
J Sainsbury plc, one of the UK's largest retailers, operates a supermarket chain and bank in the UK and a supermarket chain in the US. Sainsbury's Supermarkets, established in 1869, is the oldest and second largest retailer in Britain and has 500 stores across the country. Sainsbury's Bank provides a range personal loans, credit cards, insurance and deposit accounts and is one of the fastest growing banks in the UK. Shaw's Supermarkets Inc. (US) has over 180 stores and is the No. 2 food retailer in New England.
Retalix StoreLine solution was chosen by Sainsbury’s because it offered the best fit for Sainsbury’s business requirements, with minimal customization required in order to deliver a single application for all trading formats including fuel. In addition, Sainsbury’s were impressed with Retalix’s proven track record of working with major UK food retailers.
Sainsbury’s linked up with Retalix in late 2000 through its IT delivery partner Accenture and between this date and installation of the first pilot in the Stanaway Store in June 2002, Retalix played a key role in developing and refining the new POS solution.
According to Maggie Miller, IT Director, Sainsbury’s, Retalix’s StoreLine “has met all of the key objectives for the repos programme, replacing 12 legacy systems with a single front-end platform. StoreLine has allowed Sainsbury’s to realize a number of operational benefits that were unexpected and the system has been well received by Sainsbury’s stores.”
Maggie Miller continued, “Retalix has demonstrated an excellent understanding of the UK Retail market and has been responsive to the changing needs of the Sainsbury’s business.”
“We are delighted to able to report on the successful installation of Retalix Storeline across the Sainsbury’s chain,” said Barry Shaked, President and CEO of Retalix. “We have proved once again that our StoreLine “9-in-1” set of solutions is the most advanced and flexible POS application available to retailers today and is capable of delivering substantial logistical and financial benefits to our global customers.”
About Retalix Ltd.
Retalix Ltd., with North American headquarters in Dallas, TX, provides integrated enterprise-wide software solutions for the retail food industry worldwide, including supermarkets, convenience stores and restaurants. The Company offers a full suite of software applications that support a food retailer's essential retailing operations and enable retailers to increase their operating efficiencies while improving customer acquisition, retention and profitability. With installations in more than 20,000 stores and quick service restaurants across 44 countries, the Company markets its software solutions through direct sales, distributors, local dealers and its various subsidiaries. The Company was founded in 1982 as Point of Sale Limited and changed its name in November of 2000 to Retalix Ltd. The Company's ordinary shares have been publicly traded on the Tel Aviv Stock Exchange since November 1994 and on the NASDAQ National Market System since July 1998. For further information, please visit the Company's web sites at www.retalix.com.
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. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, including revenues, income and expenses, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include risks relating to the Company’s anticipated future financial performance, continued roll-outs with existing customers, the market reception of its Retalix e-Marketplace Application (REMA) technology and services, the potential benefits to food retailers and suppliers, the conversion of sales leads into customers 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 the Company's Annual Report on Form 20-F for the year ended December 31, 2000, for a discussion of these and other important risk factors. The Company 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.
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