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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.

H&O Kids credit: PR H&O Kids opens first of 20 stores in Israel

H&O invested NIS 500,000 in opening the 110 square meter store in the Azrieli mall in Modi'in.

Victoria's Secret store in Haifa mall credit: PR Victoria's Secret opens first two Israel stores

Delta Brands has opened its first two lingerie branches in the country in Petah Tikva and Haifa.

McDonald's Israel branch credit: Tali Bogdanovsky Boycott drove McDonald's to buy Israel franchise - report

McDonald's took the decision to buy its Israel franchise, CNBC reports, due to the fallout from the pro-Palestinian boycott against the fast food chain.

McDonald's Israel branch credit: Tali Bogdanovsky McDonald's buys back Israel franchise from Omri Padan

McDonald's Israel operates 225 fast food outlets and has 5,000 employees.

Ori Watermann  credit: Yonatan Bloom Abercohen, Watermann leave Shufersal with strong results

Chairperson Itzhak Abercohen and CEO Ori Watermann are about to hand Israel's largest supermarket chain over to brothers Shlomi and Yossi Amir.

Carrefour Israel branch credit: Bar Lavi Carrefour losses continue for Electra Consumer Products

The company sees Carrefour Israel becoming profitable this year, but is carrying out "substantial closures" of its 7-Eleven franchise stores.

Ran Reske credit: Resident Ashley Home buys online mattress co Resident for $1b

The company has 250 employees including 45 in Israel, mainly development and data experts, product managers and marketing staff.

SPAR store in Kfar Saba credit: private image SPAR to open first Israel store next week

Dutch retail chain SPAR will open its first store in Israel next week in Kfar Saba and its second store in Beersheva towards the end of the year.

Shake Shack Tel Aviv credit: Uri Ovrutzky Shake Shack gains first foothold in Israel

The US hamburger chain opened its first branch near Tel Aviv's Dizengoff Center last week.

Carrefour Israel Tel Aviv branch inset Simon Pinto credit: Bar Lavi, ZAKA Spokesperson PFH completes NIS 80m investment in Carrefour Israel

This week Carrefour opened three new stores in Israel in Tel Aviv, Givatayim and Ramla, bringing the total number of Carrefour stores in Israel to 86.

Amir brothers and Itzik Abercohen credit: PR, Tamar Matsafi and Tali Bogdanovksy Amir brothers complete Shufersal takeover

Chairman Itzik Abercohen is expected to receive a golden parachute payment of NIS 8 million, while CEO Ori Watermann will receive NIS 6 million.

Ron Rotter credit: Sherban Lupo Castro to expand to US to market Yves Rocher

The Israeli fashion group has been granted exclusive rights to the French cosmetics brand in the US.

Yossi and Shlomo Amir credit: PR, Tali Bogdanovsky Amir brothers to win control of Shufersal

All six institutional investors, which own 64% of Israel's largest supermarket chain, support selling 40% of their shares to Shlomi and Yossi Amir.

Shufersal branch credit: Shutterstock Despite US bid, Amir brothers favorites to buy Shufersal

A US consortium led by Michael Alpert has become the third group to bid buy a controlling stake in the Israeli supermarket chain.

Zwi Williger credit: Eyal Izhar Zwi Williger tops Amir brothers bid for Shufersal

Zwi Williger, founder and chairman of food importer G. Willi Food International has submitted a bid to buy a 24.9% controlling stake in Shufersal at a company valuation of NIS 6.5 billion.

Yossi and Shlomo Amir credit: PR, Tali Bogdanovsky Amir brothers bid for controlling Shufersal stake

The Amir brothers, who sold supermarket chain Freshmarket to Paz in 2021, have offered to buy a 24.9% stake at a company valuation of NIS 6 billion.

Are food price rises in Israel justified?

Not according to commodity price indexes, but the importers and manufacturers blame other factors, while on the consumer side there are calls for radical market restructuring.

Strauss logistical center in Shoham  credit: Shutterstock/Igal Vaisman Strauss Group to hike prices, lay off 150 workers

Prices of a quarter of food company Strauss's products will rise from February, its fourth price hike in thirteen months.

Carrefour Israel Tel Aviv branch inset Simon Pinto credit: Bar Lavi, ZAKA Spokesperson French businessman to invest NIS 80m in Carrefour Israel

Bansard International president Simon Pinto will also bring years of experience in logistics, shipping and supply chain management.

Ori Watermann, Liora Ofer and Danna Azrieli credit: Yonatan Bloom, Inbal Maramary, Arik Sultan Four Israeli online marketplaces close

Major players like Azrieli, Melisron and Shufersal have left the field leaving Walla! Shops, Super-Pharm and KSP vying to become the Israeli Amazon.

Golf & Co. store credit: Shira Sapir Golf to close 20 stores

The Israeli fashion and homeware retail chain also reported that it will lay off 30% of head office employees.

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