Retalix (Nasdaq: RTLX) of Raanana today announced that its point of sale solution was selected by Alon USA, the largest licensee of 7-Eleven stores in North America.
Retalix said that Alon USA, an Israeli-owned company running 171 7-Eleven stores and about 1,500 FINA gas stations, had selected the Retalix StorePoint solution for its network of stores. Installation of the StorePoint suite would begin immediately, Retalix added.
The StorePoint suite of open platform software products includes point of sale, fuel management, back-office, host pricebook and hand-held mobile solutions for its network of stores. The value of the deal was not disclosed.
The agreement will also bring to market the first convenience store users to combine state of the art scanning and forecourt management with two new and exciting technologies, Retalix says. The solution will incorporate the ability to identify fleet vehicles via RFID (radio frequency identification) technology, and will also support cellular-based payment systems.
Alon has been expanding its presence in the US in recent years. In August 2000, Alon USA acquired Total-Fina's US operations, including a major oil refinery in Texas, thousands of miles of fuel pipelines, six oil products storage and distribution terminals and a chain of Fina-brand gas stations.
Alon USA marketing vice president Kyle McKeen said, "Working with Retalix and the StorePoint suite will allow us to capture immediate benefits in store operations, as well as provide us the technology platform from which to launch these new and emerging technologies."
Separately, Retalix announced that Casey's General Stores, one of the largest convenience store chains in the US with 1345 stores in 9 states, had completed their 100th store installation of the StorePoint suite.
Retalix's Tel Aviv shares were down 1.1% at NIS 63.50 in mid morning trade on the TASE on Monday. Retalix's Nasdaq share closed on Friday at $14.18.
Published by Globes [online] - www.globes.co.il - on 28 April, 2003