Tesco Deals With Israeli Company

Tesco Plc., Britain’s largest retailer, 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. The Retalix 10 Store and Sales Channels suite is the next-generation store platform from Retalix.

The exact size of the contract is not known, but it is believed to be worth millions of pounds per year, spread over the course of five years.

Mike McNamara, Tesco’s chief information officer, said that they are delighted with their choice of the Retalix 10 Store Suite which they are planning to implement in all their stores worldwide. "[It will] form the foundation of our store technology.”

McNamara added that innovation, efficiency and a "relentless focus on the customer" have helped Tesco grow to become one of the largest retailers in the world. "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, CEO of Retalix, said that Retalix is "proud" to be partnering with Tesco in the deployment of their new store platform, which will provide Tesco with the "industry-leading solutions" needed to operate in today's changing marketplace. "I am positive that Retalix 10 will enable Tesco to deliver a superior and seamless shopper experience. We greatly value our partnership with Tesco, and will continue to be committed to Tesco’s success.”