Economy

Preparing for the school year: fashion, mobile, and electrical appliance sales surge
Globes presents an index examining the volume of credit card purchases in Israel. Phoenix Gamma data points to increases in all major sectors and a moderation in the tourism sector.

Persian Gulf blockade impacts Israeli cost of living via Jordanian border congestion
The Iranian blockade and Houthi threats have shifted cargo transport from sea routes to land routes through Jordan. Staffing shortages and reduced operating hours at the Jordan River Crossing are causing significant delays. Imports for companies like Sugat and ICL are being stalled, threatening consumer prices. The Israel Airports Authority attributes the congestion to current security...

Harel Wizel's Foot Locker Launches New 'Back to School' Collection
Ahead of the new school year, Foot Locker has unveiled its 'Back to School' range, featuring accessories and footwear. Here is the pricing breakdown for Nike, Jordan, adidas, and Converse items.

Osher Ad shakes up the market: popular items from 99 shekels
As part of the ongoing price war between Israeli retail chains, the "Osher Ad" chain is making a dramatic move, offering sought-after beverages and wines from leading wineries at unprecedented prices starting from 59.90 shekels.

Yohananoff Chain Launches Back-to-School Promotion
The Yohananoff supermarket chain is launching a special promotion for the back-to-school season, offering customers a chance to win a dairy gift package. Learn how to participate and stay safe from online scams.

No one to sit at the register: the labor shortage will meet us in the supermarket line
As the Tishrei holidays approach, food chains are facing a severe labor shortage, with an estimated deficit of 3,000 cashiers. Despite efforts to increase wages and install self-service kiosks, the lack of personnel remains a systemic crisis.

93% Met the Standard: The Inspection That Surprised the Ministry of Agriculture
In samples of pesticide residues in fruits, vegetables, and spices across the country, it was found that most met the standard requirements, and in 41 crops, no deviations were found at all. 45.4% of the samples were found to be free of pesticide residues entirely.

Rami Levy Crashes the Market: Huge Sales in Full Swing
The Rami Levy chain continues to expand its promotions beyond food products, offering special prices on designer trash cans, gas planchas, and gas grills. Here are the details.
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1 Million NIS Investment: Dudu Outmezgine Opens New Patisserie Branch in Rehovot
The leading patisserie chain, known for its Parisian-style desserts, has unveiled its 22nd branch in Israel. The new flagship location at the Ofer Rehovot mall promises an exceptional culinary experience.

What is economically better: a new car, a used one, or leasing?
A used car aged 2 to 4 years usually enjoys an economic advantage because a large part of the significant depreciation has already occurred. Here is an analysis of the pros and cons of buying a new car, a used one, or opting for a lease.

Castro in a strong comeback: Profits soared after a year of declines
The Israeli fashion company reports a strong quarter with record operating profit and revenue growth. After 2025 ended with a profit decline of over 52% and the first quarter of the year closed with a loss of 28 million shekels, Castro signals a full recovery: "We continue to work to maximize sales and profitability in all brands."

The Israeli falafel chain in New York collapsed due to debts - and BDS activists tried to take credit
Branches of the "Taïm" chain in New York have closed in recent days after state tax authorities issued a series of orders against its owners due to accumulated debts totaling $1.35 million. On social media, BDS activists were quick to attribute the closure to the boycott campaign, calling it "proof" that the boycott works. In reality, it is a business and legal dispute between the previous and...

"Whoever doesn't bring in 150,000 shekels a month is not a business": The Tel Aviv restaurateur exposed
Tel Aviv chef and restaurateur Tal Rashevsky opens up the numbers behind his empire, explains why he is not willing to compromise for less, and reveals which of his businesses is not profitable but remains open.

Super-Pharm Shakes Up the Market: Massive Sales Until September 20
Israel's largest pharmacy chain is shifting gears ahead of the holiday season, offering discounts on its website for products you wouldn't expect to find there—from freezers and ovens to garden furniture and wardrobes. Here are the details on the sales currently disrupting the market.

Shufersal cuts prices: popular food products for 2.90 and 10 shekels
Shufersal is launching a promotion on fruits and vegetables and offering a variety of popular products from leading brands for ten shekels. Alongside this, the chain is introducing significant discounts on perfumes and cosmetic products.

Sephora products arrive in Israel: A price comparison
The beauty chain Glam42 is launching Sephora products in Israel under a temporary sales agreement. A Channel 12 News investigation reveals price gaps of up to 33% compared to international markets.

AliExpress Hires PR Firm in Israel for the First Time: Moshe Debi to Lead Strategy
Chinese retail giant AliExpress is launching a major PR initiative in Israel. The company has tapped Debi Communications to spearhead its local strategy, starting with service upgrades including a reduced free shipping threshold of 139 shekels.

Shipping prices have plummeted, but the consumer is still paying dearly
International airlines are gradually returning to Israel, increasing air cargo capacity and driving down transport costs. However, despite these lower logistics expenses, consumer prices remain high, failing to reflect the market stabilization.

Safety concerns: Amazon removes popular squishy toys from its platform
Popular squishy toys have come under scrutiny by U.S. authorities due to the risk of containing hazardous materials. Amazon has begun removing counterfeit products that fail to meet safety standards and may pose health risks to children.

The city in the center that is breaking records – and not the kind you would want to be proud of
New data from the Partner group, released on Tuesday, reveals the electricity consumption habits of households in Israel: how much we consume each month, when usage spikes, which cities lead the list, and how much it all costs us.

"Pasta Nazi" attacks diners at the restaurant: "A crazy economic loss"
While the restaurant industry struggles for every shekel, the owner of the restaurant in question on Nachalat Binyamin breaks the rules and explains why he lets his customers "beat the system" knowingly.

Rami Levy breaks the market: a must-have home item for only 199 shekels
The "Rami Levy Shivuk HaShikma" chain is stepping up its efforts in the battle for the consumer's wallet by lowering prices on dozens of popular products, including a key home item.

Do not buy the Israeli kiwi currently sold in stores: The unusual warning to consumers
The Plant Council warns against the Hayward variety of kiwi that reached shelves too early, after being picked while unripe. The Council calls to wait until October, when the Israeli fruit is expected to reach proper ripeness. "A handful of growers is harming consumers and the entire industry."

Ninja slashes prices in Israel: 15% discount on all products for a month
In celebration of the brand's decade of activity in the country, the official importer is launching a major promotion, lowering prices on dozens of sought-after kitchen and home appliances.

Yellow cheese at half price at local grocery stores: a new government initiative
The Ministry of Economy has completed the allocation of quotas for the duty-free import of 880 tons of yellow cheese, to be sold at 540 locations nationwide. For the first time, discounted cheese will reach neighborhood grocery stores and mini-markets at a price of up to 4.5 shekels per 100 grams.

Following Rami Levy and Osher Ad: Carrefour to sell staple products at reduced prices
The Ministry of Economy has finalized the allocation of duty-free yellow cheese import quotas, ensuring availability at low prices across hundreds of Carrefour locations and neighborhood stores.

Rami Levy shakes up the market: the most sought-after product in Israel for only 4.90 shekels
The "Rami Levy Shivuk Hashikma" chain is taking a dramatic step and lowering prices on dozens of popular food, beverage, and cleaning products. Here are the details of the promotions that will last until mid-September.

Super-Pharm surprises the market: Kérastase opens its first pop-up in Israel
The premium hair care brand Kérastase is launching a collaboration with Super-Pharm, opening an experiential space at the Ofer Ramat Aviv Mall featuring styling stations, games, and personalized gifts.

Zoglobyk expands outside Israel for the first time: acquires 70% of a meat substitute plant in Thailand
The Zoglobyk Group has signed a deal to acquire 70% of the Plant & Bean factory in Thailand, which produces meat substitutes and plant-based products; the deal amount was not disclosed. Meanwhile, Eli Zoglobyk will be appointed President of International Operations and will move to Thailand; Zion Balas will replace him as active Chairman.

Osher Ad breaks the market: sought-after products are sold for only 69 shekels
New massive promotions at the popular retail chain feature huge discounts on sought-after pots, alongside dramatic price drops on coffee machines, Ninja appliances, and vacuum cleaners from leading brands.

National Insurance Institute benefits: payment schedule and deposit amounts
The monthly allowance from the government agency will soon be deposited into the bank accounts of eligible parents, with amounts determined by the child's birth order, alongside the option to increase monthly savings.

Chicken prices jumped 30% in five years; state blocks cheap imports
The Ministry of Agriculture has reversed its decision to allow Baladi to import chicken from Brazil just six months after approval. This is a major financial blow to the company and leaves consumers facing persistently high prices, which have risen by 30% over the last five years.

Oshers Ad slashes prices: home cleaning appliances from 199 shekels
The chain is offering two deals on home cleaning appliances with a price difference of hundreds of shekels, prompting consumers to carefully consider their specific needs before purchasing.

8 Million Shekel Investment: Space Chain Opens Flagship Club in Netanya
Fitness chain Space is launching a new branch in Netanya with an investment of approximately 8 million shekels. The 2,000-square-meter club features a women-only area, a Booty Zone, and a studio offering dozens of weekly classes.

Retailors reports: Sales in same-store locations continued to decline in the second quarter
Sales in Nike's same-store locations continue to decline - in the second quarter they fell by approximately 9.5%, following a sharp decline of 17.7% in the first quarter. Retailors noted that the impact on Nike sales was partially offset through the participation of global Nike in operating expenses as well as through benefits in purchasing terms.

Rami Levy shakes up the market: the coveted product for only 79.90 NIS
The Rami Levy Shivuk Hashikma chain is running a series of extremely aggressive sales. From a sought-after children's scooter to professional hair dryers and straighteners at unprecedented low prices.

Strauss's 475 Million Shekel Acquisition of Food Company Yoki Approved
The Brazilian competition authority has approved Strauss's acquisition of the food company from General Mills. Yoki is one of the most prominent food companies in Brazil, with annual sales estimated at approximately 1.2 billion shekels at the time of the deal's announcement in March.

Strauss Nears Major Deal: Acquiring Food Business for 475 Million Shekels
Brazil's antitrust authority has approved the deal in which a subsidiary of Strauss's joint venture will acquire General Mills' operations in the country, including the Yoki and Kitano brands. The deal is expected to reach its final stage in early September.

Adel Bespalov's father-in-law opened a new business: "Looks insane"
Businessman Yaakov (Kobi) Abed is expanding his economic empire to the Gulf. His son, Match Abed (husband of reality star Adel Bespalov), shared a video from the new kosher supermarket and was enthusiastic: "Oh my god" | All the details

Super-Pharm Launches Aggressive Sale: Dozens of Products Priced Between 9.90 and 30 NIS
From baby products to leading cosmetic brands: Israel's largest pharmacy chain is launching a widespread price reduction campaign ending on the 18th of the month.