This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Weis Markets To Boost Margins, Competitive Advantage With Upgraded Retalix HQ

DALLAS, May 10, 2010 (GLOBE NEWSWIRE) -- Retalix® (Nasdaq:RTLX), a leading global provider of retail and supply chain technology, today announced that Weis Markets, a 164-store grocery chain based in Sunbury, Penn., is looking to cut costs, improve margins and boost its competitive advantage by upgrading Retalix's HQ pricing and merchandising software with new modules, including the HQ Advanced Pricing Bundle, Vendor Web Access, Profit Analyzer, Category Analyzer and Bill Back Manager.

Bob Mawyer, vice president of information technology at Weis Markets, says the new modules will bring additional automation, analysis and intuitiveness to the grocer's pricing, merchandising and inventory management operations.

"We've been a Retalix HQ user since 2000 and we've watched the product's evolution," said Mawyer. "Retalix has added new modules and increased functionality to the software so we decided to leverage those capabilities with a major upgrade that replaces a number of internally developed and supported mainframe systems, as well as adding functionality we believe will give us a competitive advantage. Retalix HQ and the new modules will give us even more visibility and control over our pricing operations, data analysis, and vendor promotional monies at both the store and headquarters levels."

Retalix HQ is a centralized, rules-based pricing and inventory management solution. It helps grocers control costs, prices and authorized items, and standardizes a company's pricing best-practice disciplines for consistent execution of its price strategy. With nearly 100 grocery clients representing more than 5,000 stores, Retalix HQ is widely considered the industry leader in price management.

"Retalix HQ gives retailers like Weis Markets the ability to efficiently develop, execute, and analyze pricing plans and promotions," said Bill Campbell, executive vice president of Retalix's U.S. Retail Division. "As grocers seek to cut costs and improve efficiency in today's economic environment, technology like our Retalix HQ software can provide increased visibility and control into day-to-day operations and ultimately increase profitability."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAPL $121.30 0.00%
FB $94.01 0.00%
GOOG $625.61 0.00%
TSLA $266.15 0.00%
YHOO $36.67 0.00%

Markets

Chart of I:DJI
DOW 17,689.86 -56.12 -0.32%
S&P 500 2,103.84 -4.79 -0.23%
NASDAQ 5,128.2810 -0.5040 -0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs