DALLAS, Oct. 7, 2010 (GLOBE NEWSWIRE) -- Retalix® (Nasdaq:RTLX) has announced that Wesco Convenience Stores of Muskegon, Mich. will be adding Retalix's StorePoint POS, Back Office and HQC solutions, as well as Retalix Loyalty, to its existing Retalix installation to create a fully integrated retail and supply chain technology system that enhances efficiency and increases customer service and loyalty.
The 51-store chain is adding the products on top of previous implementations of Retalix's PowerEnterprise supply chain software suite and Demand AnalytX (DAX) demand-based inventory replenishment solution. The result is a comprehensive system that will help Wesco manage vital processes across the company's distribution center and its entire retail enterprise.
"Our legacy system was aging and disjointed, and we needed a technology solution and provider that could help us integrate our systems and implement a robust loyalty program. After searching several industry vendors, Retalix was by far the best partner," said Rachelle Osborn, director of technology at Wesco. "We've been successfully using Retalix's PowerEnterprise suite at our warehouse, as well as DAX for inventory management for several years. The addition of StorePoint and Retalix Loyalty should give us the integration we seek, and should improve efficiency and productivity chain-wide.
"We are particularly excited about Retalix Loyalty, because it's the best loyalty solution that we've seen."
Bill Campbell, executive vice president for Retalix USA, said, "Wesco is demonstrating how the integration of technology solutions can provide a truly cost-efficient and highly productive system platform that will enhance all facets of their business and increase the customer shopping experience and overall satisfaction. Their innovative foresight will serve them well by creating a more efficient, demand-based supply chain that should cut costs and increase profitability."
Retalix Loyalty is a powerful, targeted promotions and consumer interaction solution that delivers offers, tracks performance and personalizes communications. As an enterprise-wide, real-time, scalable system, the software seamlessly ties together centralized operations, marketing management, special promotions, IT and the shoppers themselves. Because it's centrally operated, Retalix Loyalty ensures continuity across multiple stores and channels. This powerful combination of features allows retailers to build long-term customer loyalty and retention by targeting their promotional spend on their most valuable customers.
DAX is a demand-driven replenishment solution designed specifically for food and fast moving consumer goods retailers to optimize inventory and streamline the order process. It is based on Microsoft technologies, and is comprised of four core modules: Demand Forecasting, Inventory, Ordering, and Analytics, and contains unique algorithms to interpret demand and optimize replenishment orders. Retailers using DAX have reported significant out-of-stock reductions, decreased inventory levels and lower spoilage of perishable products.
Retalix Power Enterprise is a solution suite that spans a range of critical business processes for distributors, including enterprise resource planning; advanced warehouse inventory movement and management; business analytics; product delivery and invoice reconciliation; and personal digital assistants for warehouse associates.
Retalix StorePoint is a POS and back office software system that helps convenience and travel center retailers improve productivity, control costs and increase sales. StorePoint includes integrated forecourt automation for both gasoline and commercial fuel, Electronic Payment Software (EPS), Foodservice, Cash and Inventory Management modules. Additionally, Retalix StorePoint supports an integrated payments switch from Postilion to handle all of the various fuel and fleet purchases inherent in the travel stop industry.
Retalix StorePoint HQC complements Retalix StorePoint POS and back office by managing sites and providing consolidated business intelligence. Features include central pricebook management, reporting and analytics software to effectively manage a chain's item and price information.
About Wesco, Inc.
Wesco, Inc. began in 1952 as Westgate Refinery Outlet. In 1978 the first convenience store was opened in Michigan. Now with more than 50 locations, this Michigan chain is known as Wesco Convenience Stores. The company has more than 1000 employees with annual revenue of $400 million. Web site:
Retalix® (Nasdaq:RTLX) is a leading provider of software solutions to retailers and distributors worldwide. The Company's product and services help its customers automate and synchronize essential retail and supply chain operations, encompassing stores, headquarters and warehouses. Specializing in the food industry, Retalix serves customers in more than 50 countries. For more information, visit www.retalix.com.
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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 Wesco is trying to achieve by deploying such solutions, including increased profitability, 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, 2009, 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.
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