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Retailing

Harel Wizel Photo: Eli Yizhar Fox forgoes furlough grants after dividend storm

Following fierce criticism of its decision to pay shareholders a NIS 49 million dividend, the Israeli fashion chain says it won't take government assistance.

emptier malls Covid-19 reverses real estate companies' fortunes

Income-producing real estate stocks, which boomed last year, have lost one third of their value in six months.

IKEA Israel  / Photo: Shlomi Yosef , Globes IKEA Israel sheds staff, shortens opening hours

The 400 employees on unpaid leave have been offered retirement packages and stores will close earlier and not open on Saturday nights.

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