Page 2 - Electra Consumer News Today

Carrefour's entry will rock the secure ground on which Shufersal has stood for many years and challenge other supermarket chains like Victory, Rami Levy and Yochananof.

Miniso began operating in Israel three and a half years ago and currently has 25 stores.

Officials from Israel's Ministry of Economy and Industry have been holding talks with Lulu, based in Abu Dhabi.

LuLu has annual revenue of $8 billion and operates 227 stores and 24 shopping malls in 22 countries in the Middle East, Asia, the US and Europe.

The move, which comes via a franchising agreement with an Israeli firm, comes after years of attempts to bring international food chains into the country

Israeli experts discuss the best stocks and currencies to invest in as the shekel appreciation gains ground.

/PRNewswire/ -- The chains first store is expected to open in Tel Aviv during 2022 7-Eleven will supply fast food and exclusive products to the Israeli market...

Get email notification for articles from Adi Dovrat-Meseritz Follow Apr. 22, 2021 1:12 AM The most pessimistic forecasts saw dark days for Israeli consumer spending in the wake of the coronavirus pandemic: Shoppers would shun malls in favor of online purchases, consumer spending would drop and many businesses would close up. But two months after Israel’s third lockdown ended and nearly the entire economy is back in business, the reverse has happened: The malls are full, restaurant tables are...