International supermarket chain Carrefour opens 50 stores across Israel
Israeli Prime Minister Benjamin Netanyahu hails the event as “gigantic news,” saying the increased competition will bring down prices by “dozens of percent.”
Source: jns.org
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International Supermarket Chain Carrefour Opens 50 Stores Across Israel
JNS.org - French supermarket giant Carrefour officially opened 50 branches across Israel on Tuesday. The international retail chain’s entry into Israel is expected to increase competition and lower prices for the consumer. Carrefour will run three types of branches in Israel: neighborhood stores called Carrefour City, minimarket stores dubbed Carrefour Market and larger discount stores
Source: algemeiner.com
French retail chain Carrefour opens 50 stores across Israel, vowing to disrupt prices
Basket of goods of Carrefour-branded goods is 60% cheaper versus basket of comparable goods by local competitors, according to retailer; analyst sees prices continuing to rise
Source: timesofisrael.com
Carrefour opens 50 stores in Israel on Tuesday
Electra Consumer Products plans opening 80-100 Carrefour branches around Israel by the end of 2023.
Source: globes.co.il
Carrefour's Israel launch could spark much-needed market competition
Recent import reforms have paved the way for the international retail giant to potentially revolutionize the Israeli market.
Source: jpost.com