Retailing

In its first foray into the electrical goods sector Fox will have exclusive rights to import and distribute Dyson products in Israel.

Yochahnanof is paying NIS 17 million for 30% of the rights in the land on which it intends to build a commercial center to compete with the Mall Zichron Shopping Center.

Market sources estimate the acquisition price for the dropship automation company at $150-200 million.

Fox Wizel is rapidly expanding the activity of the Greek retail chain in Israel, and holds the franchise for Canada as well.

The supermarket chain’s finance unit is seeking a license to provide payments services, which would allow customers to hold digital current accounts.

The Israeli discount retail chain is now left without a controlling shareholder.

Knesset Finance Committee chairperson Hanoch Milwidsky: This is a classic example of destructive election economics.

The company has bought 107 dunams of agricultural land in Ness Tziona.

Melisron will pay Migdal NIS 818 million for 51% of the land rights in one of Israel's largest malls, with up to 40,000 visitors daily in the holiday season.

Shufersal and Big Shopping Centers plan to redevelop the supermarket chain's head office site in Rishon LeZion, with further real estate projects expected.

Carrefour has 148 branches in Israel after selling five branches since the start of the year.

KSP founders Zeev Sorkin and Yaakov Prilock will receive NIS 700 million, "Globes" has learned.

Shufersal revenue in the first quarter was NIS 3.53 billion, down 7% from NIS 3.79 billion in the corresponding quarter of 2024.

The Carrefour chain, for which Electra Consumer Products holds the Israel franchise, earned NIS 5.2 million in the first quarter.

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

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

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

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

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.