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Former Shufersal CEO Itzik Abercohen credit: Eyal Izhar Competition Authority summons former Shufersal CEO to hearing

According to the indictment, Shufersal and Itzik Abercohen allegedly made public statements through which he attempted to reach arrangements to raise prices.

Gal Rosenblum credit: Jonathan Bloom Israel's Adidas franchise chief boosted 2024 sales 40%

Gal Rosenblum talks about his perfect job, which combines his love of sport, fashion and data analysis.

Yossi and Shlomi Amir  credit: Jonathan Bloom Shufersal doubles annual profit

Streamlining measures by brothers Yossi and Shlomi Amir since they took control have vastly improved the supermarket chains profitability metrics.

Carrefour Israel branch credit: Bar Lavi Heavy debt pushes Carrefour Israel to continued losses

Despite improved sales, the supermarket chain reported a loss of NIS 113 million in 2024.

BIG Glilot opening weekend credit: BIG 150,000 jam into BIG Glilot over first weekend

Israel's newly opened and biggest shopping center recorded huge sales on Friday and Saturday, despite traffic congestion at the car park entrance.

BIG Fashion Glilot credit: Dror Marmor Israel's biggest mall opens Thursday

BIG Fashion Glilot strip mall is in Ramat Hasharon's new office park, adjacent to Cinema City Glilot.

Eitan Yochananof and Eyal Ravid credit: Eyal Izhar and Tali Bogdanovsky Regulator indicts Victory, Yochananof CEOs over price fixing

The Israel Competition Authority today issued first indictments, following the food price fixing investigation.

BIG Glilot credit: Tel Aviv online BIG Glilot - Israel's biggest shopping center set to open

The shopping center will send shockwaves throughout the retail sector in Tel Aviv and the Sharon region and could put some of the area's malls out of business.

KSP store credit: Eyal Izhar Retail chain KSP to sell 25% stake at NIS 2.3b valuation

Altshuler Shaham and other institutional investors are in advanced talks to buy a minority stake in the computer and electronics chain.

Carrefour branch in Dizengoff Street, Tel Aviv  credit: Bar Lavi Carrefour laying off 200

The move comes two weeks after the chairperson of the chain’s workers’ committee, Eyal Eli, resigned in order to be appointed VP of Human Resources at the company.

Yossi and Shlomi Amir  credit: Freshmarket Shufersal profit soars

The cutbacks by the supermarket chain's new owners the Amir brothers have paid off with a third quarter net profit of NIS 237 million.

Carrefour branch credit: Pnina Ben Shalom Carrefour turns profitable for Electra Consumer Products

Electra Consumer Products’ share price has shot up, as its investment in the Carrefour franchise finally starts to bear fruit.

SPAR store in Kfar Saba credit: Galit Hatan SPAR expansion in Israel stalls

The Dutch retail chain's plans to open a store in Beersheva have fallen through leaving the Kfar Saba store as the only branch, although talks are underway for outlets in Tel Aviv.

Carrefour credit: Bar Lavi Carrefour quits Jordan over anti-Israel boycott

"Carrefour will cease all its operations in Jordan and will not continue to operate within the Kingdom,” the French retail giant said.

Lior Eshkol credit: Elad Malkah What we order and when. Wolt Israel CEO tells all

Wolt Israel CEO Lior Eshkol is leaving to lead strategic expansion for Wolt and DoorDash worldwide. She tells "Globes" how she expanded Wolt from a Tel Aviv restaurant app to a nationwide courier retail service.

Rami Levy appoints daughter Yafit as co-CEO

Yafit Attias has served as VP marketing for the past decade.

TLV Mall credit: Tal Isaac Israelis stay home and boost retail revenue and profit

Instead of traveling and shopping abroad, Israelis have been spending their money in local malls and stores.

Carrefour City branch in Israel  credit: Galit Hatan Electra Consumer Products starts to see joy from Carrefour

Carrefour Israel posted an operating profit of NIS 24 million in the second quarter, which compares with a loss of NIS 50 million in the corresponding quarter.

Yossi and Shlomi Amir  credit: Freshmarket Shufersal's performance improves under Amir brothers

In the first full quarter under the control of Yossi and Shlomi Amir, Israel's largest retail chain posted a 153% rise in net profit.

eBay Israel development center inset eBay Israel general manager Amir Di-Nur credit: Rami Zarniger and Inbal Marmary Israel layoffs reflect eBay's global decline

eBay insists its Netanya development center remains integral to its strategy but the company is failing to keep pace with Amazon, Shopify and Chinese rivals.

Eitan Yochananof and Eyal Ravid credit: Eyal Izhar and Tali Bogdanovsky Supermarket CEOs summoned to criminal hearing on price fixing

The Israel Competition Authority will give Yochananof CEO Eitan Yochananof, Victory CEO Eyal Ravid and others a hearing before an indictment is filed on cartel arrangements.

Pret a Manger credit: Shutterstock Pret a Manger: Reimann family succumbs to anti-Semitism

Despite founding the Landecker Foundation to fight anti-Semitism and atone for its Nazi past, the Reimann family has caved in to BDS demands to keep Pret a Manger out of Israel.

Pret a Manger credit: Shutterstock Pret a Manger cancels plans to open in Israel

Retail chain Fox has announced that Pret a Manger has pulled out of its licensing agreement due to the war.

Shufersal branch credit: Shutterstock Shufersal to lay off 150

Shufersal said, "As part of the process of examining the needs of the company, it was decided to implement resource adjustments in the workforce situation."

7 Eleven store opens in Israel credit: Shutterstock 7-Eleven shuts down in Israel

The eight 7-Eleven convenience stores in Israel will be rebranded by Seven Express, which acquired them from Electra Consumer Products.

Shufersal branch credit: Eyal Izhar Amir brothers profiting from Shufersal investment

Israel's biggest retail chain reported a 35% jump in profit in the first quarter of 2024.

Supermarket shopping  credit: Tali Bogdanovsky: Data show scant reason for food price rises

One of the main claims of the food companies and the major importers relates to shipping costs, which represent part of the cost of imported products. Is it justified?

Eyal Ravid credit: Omer Vidar Competition Authority summons Victory CEO to hearing

Eyal Ravid, owner and CEO of the supermarket chain, allegedly made public statements about price rises in violation of the Competition Law.

Tnuva products credit: Tali Bogdanovsky Tnuva to put up prices of dozens of products

Tnuva said it is hiking the prices of non-price controlled dairy products as well as dairy delicacies, Sunfrost frozen vegetables, Mamma Of poultry products and Tirat Zvi meat products.

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