News

Retalix acquires Cornell Mayo Associates

September 5, 2012

Retalix Ltd., a provider of software and services for retailers, announced that it has acquired Cornell Mayo Associates, a U.S.-based provider of store systems serving top-tier department stores and large specialty retailers.

Cornell Mayo, which was founded in 1981 and is deployed in nearly 4,000 stores, primarily in North America, will become a Retalix business unit and serve the department store retail segment. Gene Cornell, its founder, will continue to lead the business, which will retain its name.

Seven of the top 21 department stores in the U.S. are Cornell Mayo customers. In the 2011 RIS Software LeaderBoard, Cornell Mayo ranked No. 1 in 22 of 25 total categories — more top rankings than any other vendor in the list — for the second year in a row.

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