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Itzik Abercohen Credit: Eyal Izhar Abercohen voted on to Shufersal board, set to be chairman

Former CEO Itzik Abercohen is one of five new members voted on to the board of directors.

Trax founders Joel Bar-El and Dror Feldheim Credit: Trax Retail analytics co Trax laying off over 100

Trax chairman Joel Bar-El: The layoffs will help us become profitable more quickly than planned.

Sunglass Hut Credit: Luxottica Fox to open Luxottica Sunglass Hut stores in Israel

Fox plans to open 49 stores selling Luxottica brand sunglasses within the first seven years of holding the franchise.

Adidas store Credit: Tamar Matsafi Electra Consumer Products to buy 18 Adidas stores

Having signed franchisee deals to open French retailer Carrefour supermarkets in Israel, and 7-Eleven convenience stores, the company is setting its sights on other retail sectors.

Wolt Market in Tel Aviv  credit: Shay Azari, Wolt Israel Wolt opens own Tel Aviv grocery store

The "dark store" offers 30-minute deliveries in central Tel Aviv.

Shufersal Credit: Tamar Matsafi Shufersal blames Covid relaxations for weak results

The Israeli supermarket chain's first quarter performance was also hit by the timing of the Passer holidays.

Yariv Bash  credit: Eyal Fischer It's a bird, it's a plane, it's... dinner

Yariv Bash's Flytrex has grown to be the largest drone delivery company in the US, leaving even Amazon and Google behind.

Rani Zim  credit: Eyal Izhar Rani Zim sells Office Depot to UMI

The deal values Office Depot Israel at NIS 80 million, of which Zim will receive NIS 35 million, as the chain has NIS 45 million debt.

Yacov (Yaki) Vadmani  credit: Jonathan Bloom Shufersal board knifes chairman Yaki Vadmani

Vadmani resigned after a majority of the Shufersal board decided not to recommend his reelection to the shareholders.

Carrefour branch in Warsaw  credit: Shutterstock Carrefour to be IKEA's neighbor on Ashdod site

Electra Consumer Products reports that the average gross cost of adapting a Yeinot Bitan store to Carrefour format will be some NIS 3 million.

Shufersal  credit: Eyal Izhar Phoenix objects to Delek Israel - Shufersal merger

Phoenix, which has a 9% stake in Shufersal, prefers to wait until a new CEO is appointed and all strategic alternatives are examined.

Shufersal Photo: Sivan Faraj Delek Israel proposes merger with Shufersal

The gas station chain is offering a share swap for a 20% stake in Israel's largest supermarket chain.

IKEA Beit Shemesh Photo: Shlomi Yosef IKEA to build Ashdod branch

The new branch will be the furniture and home accessories retail chain's seventh in Israel.

Miniso Dizengoff Center store Photo: Cadya Levy Struggling Miniso Israel franchisee seeks buyer

Miniso began operating in Israel three and a half years ago and currently has 25 stores.

Adv. Michal Cohen  credit: Avigail Piperno-Beer Competition Authority toughens merger disclosures

The new merger application regulations are part of the plan to tackle excessive concentration in Israel's food market.

Carrefour branch in Warsaw  credit: Shutterstock Yeinot Bitan signs Carrefour franchise agreement

The first of over 150 Israeli branches will be opened this year. Yeinot Bitan will also produce Carrefour food in Israel.

Walmart CEO Doug McMillon  credit: Cadya Levy Walmart CEO: We're not about to enter Israel

Visiting Israel, Doug McMillon talks to "Globes" about what he is and is not looking for here, and the retailing titan's vision for the online age.

New Lego store in Dizengoff Center Photo: PR Lego to open first Israeli store in Dizengoff Center

The store will be located in Building A where six stores are currently being renovated and merged into one store covering more than 200 square meters.

Naftali Bennet and Mohamed bin Zayed  credit: Haim Zach, Israel Government Press Office Israel on way to free trade with China, India, UAE

By the end of 2022, agreements with these and other countries will abolish tariffs on most goods, and substantially cut tariffs on food products.

LuLu Abu Dhabi Photo: PR Abu Dhabi retail giant LuLu in talks to open in Israel

LuLu has annual revenue of $8 billion and operates 227 stores and 24 shopping malls in 22 countries in the Middle East, Asia, the US and Europe.

Teddy Sagi Photo: Yonatan Bloom Sagi's Layam to sell duty free products on Arkia flights

Layam will replace James Richardson, which has until now provided the duty-free products sold on Arkia flights.

Freshmarket owners  Yossi and Shlomi Amir Photo: Freshmarket Amir brothers withdraw Shufersal takeover bid

Yossi and Shlomi Amir have withdrawn the bid due to objections from Paz, which bought Freshmarket from them.

Freshmarket owners  Yossi and Shlomi Amir Photo: Freshmarket Paz seeks to nix Shufersal takeover by Amir brothers

Paz says that Yossi and Shlomi Amir signed a non-compete agreement when it bought Freshmarket from them.

Freshmarket owners  Yossi and Shlomi Amir Photo: Freshmarket Former Freshmarket owners bid for Shufersal

Yossi and Shlomi Amir have submitted a bid to buy a controlling 24.9% stake in Shufersal for NIS 2.46 billion.

KSP store Photo: Eyal Izhar KSP becomes official Apple importer, Icon share slumps

Icon's share price fell 20% today after it reported that one of its substantial retail customers had received approval from Apple to become an official importer.

Carrefour branch in Warsaw  credit: Shutterstock Global retailing giant Carrefour to enter Israel

Carrefour has signed an MOU with Electra Consumer Products on converting Yeinot Bitan supermarkets to its brand.

Lego store in New York Photo: Shutterstock Lego to open first Israel store

The Danish toy giant will open its first store in Tel Aviv before the summer.

Orna Barbivai credit: Yossi Zamir Israel woos UAE supermarket chains

The Ministry of Economy and Industry is in talks to bring international chains operating in the UAE to set up shop in Israel to boost competition.

Unilever Photo: JPStock Shutterstock Unilever's Israel offices raided in price fixing probe

Computers and materials were seized by the Israel Competition Authority in the food price fixing investigation that was begun last November.

Shufersal  credit: Eyal Izhar Shufersal to buy control of electrical goods importer Mini Line

Supermarket chain Shufersal is set to buy 60% of Mini Line, which operates the ALM electrical goods store chain.

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