Shufersal will try to sell the activities in these outlets to other supermarket chains.
Retail supermarket chain Shufersal Ltd. (TASE:SAE) is to close four branches from its Yesh and Yesh Hesed sub-chains, and a Shufersal Deal branch, sources inform "Globes."
Scheduled for closure are the Yesh branches at Bilu Junction near Rehovot and Akko and the Yesh Hesed branches in Beersheva and Netivot. Shufersal also wants to close the Shufersal Deal branch in Ein Hamifratz in the north. Shufersal will try to sell their activities in these outlets to other supermarket chains.
Shufersal will also reduce by more than half the commercial space in its Shufersal Deal branch in the Ra'ananim Mall in Ra'anana. The branch will have its size reduced from 7,700-sq.m. to 3,100-sq.m.
Published by Globes [online], Israel business news - www.globes-online.com - on September 10, 2014
© Copyright of Globes Publisher Itonut (1983) Ltd. 2014
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