Retailing

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

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.

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

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

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.

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

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.

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.

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

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."

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

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

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

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

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

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 operates 225 fast food outlets and has 5,000 employees.

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

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

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

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.

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

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.

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

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

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