TELECOMS, MEDIA & MARKETING

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.

Disruptions are making GPS navigation less and less reliable in some parts of the world, and older technologies are making a comeback.

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.

Following the Houthi attacks on submarine cables in the Red Sea, "Globes" investigates the implications for Israeli and international communications.

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

Startup Alison.ai claims its artificial intelligence platform turns the insights that make advertising effective into a science.

Bezeq underperformed the main TASE indices during Ran Guron's tenure as CEO, but Barclays now targets a share price 44% above market.

"Globes" has learned that four submarine communications cables have been damaged in the Red Sea between Jeddah in Saudi Arabia and Djibouti in East Africa.

Guron has been in the post for two years, after previously managing all of Bezeq's subsidiaries.

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

A US consortium led by Michael Alpert has become the third group to bid buy a controlling stake in the Israeli supermarket chain.

Zwi Williger, founder and chairman of food importer G. Willi Food International has submitted a bid to buy a 24.9% controlling stake in Shufersal at a company valuation of NIS 6.5 billion.

The Amir brothers, who sold supermarket chain Freshmarket to Paz in 2021, have offered to buy a 24.9% stake at a company valuation of NIS 6 billion.

Not according to commodity price indexes, but the importers and manufacturers blame other factors, while on the consumer side there are calls for radical market restructuring.

Insurance group Migdal will invest a total of NIS 200 million in the NIS 925 million deal for Discount Investment's stake in Cellcom.

Live marketing, personalized campaigns, and AI-Driven brand narratives will be the trends in the coming year, Sharon Israel predicts.

Prices of a quarter of food company Strauss's products will rise from February, its fourth price hike in thirteen months.

Bansard International president Simon Pinto will also bring years of experience in logistics, shipping and supply chain management.

Website development company BOA Ideas has become a Shopify Plus agency

Major players like Azrieli, Melisron and Shufersal have left the field leaving Walla! Shops, Super-Pharm and KSP vying to become the Israeli Amazon.

The Israeli fashion and homeware retail chain also reported that it will lay off 30% of head office employees.

The Israeli private equity firm will pay NIS 925 million for a controlling 35.7% stake in the telecom company.