Shufersal Ltd.
News and overview for Shufersal Ltd.
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MarketWatch | 26 days 11 hours 59 minutes ago
The Tel Aviv Stock Exchange's benchmark TA-25 Index closed 0.5% lower at 1,050.16, while the TA-100 Index /quotes/comstock/!ta100 (XX:TA100 989.92, +15.47, +1.59%) lost 0.5% to finish at 984.59.
Israel stocks up; Citi calls 0.25%-point rate rise - MarketWatch
MarketWatch | 5 days 13 hours 14 minutes ago
The Tel Aviv Stock Exchange's benchmark TA-25 Index closed 0.30% higher at 1067.95 while the TA-100 Index /quotes/comstock/!ta100 (XX:TA100 1,000, +9.93, +1.00%) added 0.60% to 1005.85.
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MarketWatch | 19 days 14 hours 34 minutes ago
Late in the trading day, the Tel Aviv Stock Exchange's benchmark TA-25 Index declined 1.40% to 991.85, while the TA-100 Index /quotes/comstock/!ta100 (XX:TA100 940.46, -16.87, -1.76%) lost 1.61% to 925.29.
Israel stocks up; Africa rallies; Bezeq gets lift - MarketWatch
MarketWatch | 45 days 15 hours 51 minutes ago
The Tel-Tech 15 Index of top technology issues climbed 1.03% to 225.53.
Cherokee Announces $0.50 Per Share Dividend for December [Press Release]
Business Wire | 26 days 17 hours 52 minutes ago
Cherokee Inc. (NASDAQ:CHKE), a leading licensor and global brand management company, announced today that its Board of Directors approved the distribution of a quarterly dividend to shareholders of $0.50 per share. The dividend will be payable on or about December 16, 2009 to shareholders of record on December 1, 2009. This dividend will represent the twenty-fifth consecutive quarterly dividend paid by Cherokee to its shareholders since December 2003, representing over $130 million in dividen...
Koor boosts Discount Investment revenue, profit
Globes (Israel) | 6 days 17 hours 37 minutes ago
Nochi Dankner-controlled IDB Holding Corp. Ltd. (TASE:) unit Discount Investment Corporation (TASE: ) today published its consolidated financial report for the third quarter of 2009. Revenue representing Discount Investment's stakes in its portfolio companies rose 68.5% to NIS 553 million for the third quarter from NIS 328 million for the corresponding quarter of 2008.
NetVision demands MVNO role
Globes (Israel) | 13 days 19 hours 45 minutes ago
Internet service provider (ISP) and international calls carrier NetVision Ltd. (TASE: ) opposes the Ministry of Communications' policy of opening the cellular market to competition through the introduction of mobile virtual network operators (MVNOs). Under the new policy, announced last week, NetVision may not become an MVNO because it is a sister company of mobile carrier Cellcom Israel Ltd. (NYSE:; TASE:). Both companies are units of IDB Holding Corp. Ltd. (TASE:), controlled by chairman an...
Large supermarket chains lose market share
Globes (Israel) | 3 days 16 hours 29 minutes ago
Israel's top two supermarket chains, Shufersal Ltd. (TASE:;Pink Sheets: SSLTF) and (NYSE: ; TASE: ) lost market share in October 2009, according to Storenext figures obtained by "Globes". Both chains gained ground in September thanks to holiday coupons, which were redeemed at their stores.
Israel stocks off after rates are held steady
Investor's Business Daily | 26 days 10 hours 43 minutes ago
TEL AVIV (MarketWatch) -- Israeli stocks slipped on Tuesday, with weakness in such high-profile issues as Bezeq and Israel Chemicals offset in part by some strength among property companies.
Israel stocks off; Shufersal reports, ORL swaps
Investor's Business Daily | 25 days 12 hours 15 minutes ago
TEL AVIV (MarketWatch) -- Israeli stocks fell sharply and broadly on Wednesday, with supermarket chain Shufersal sliding after its third-quarter earnings report and only Oil Refineries Ltd. and two other stocks drawing substantial buying interest among the blue chips.
Shufersal earnings disappoint
Globes (Israel) | 24 days 12 hours 3 minutes ago
Shufersal Ltd. (TASE:;Pink Sheets: SSLTF) today published its financial report for the third quarter of 2009. Israel's largest supermarket chain, with nearly 40% market share, saw flat revenue but a rise in net profit, as the recession and growing competition affected the company. The results were disappointing, as net profit missed analyst expectations.
Largest supermarkets increase market share
Globes (Israel) | 31 days 19 hours 59 minutes ago
The market shares of Israel's top two supermarket chains, Shufersal Ltd. (TASE:;Pink Sheets: SSLTF) and (NYSE: ; TASE: ) at the expense of the independent chains and grocery stores, according to the Nielsen survey for September 2009. The two big supermarket chains reaped the benefit of holiday coupons.
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Company Overview
| Company: | Shufersal Ltd. |
|---|---|
| Industry: | Grocery Retail |
| Website: | http://www.shufersal.co.il |
Shufersal (formerly Super-Sol) covers many niches in a small nation. Israel's top supermarket chain (with more than a third of the chain store market), the company operates about 240 stores in three main formats: Shufersal Deal (deep discount stores), Shufersal Big (neighborhood stores), and Shufersal Sheli (120-store neighborhood chain made up of the former brands Hyperneto, Clubmarket, and Hatzi Kupa). The firm is expanding its Zol Po store format (about 25 stores serving large families) and it offers a handful of Alef (ultra-Orthodox) stores. Consumers can also shop via phone, fax, or the Internet (Shufersal Yashir). Israeli investment firm IDB Holding, through its subsidiaries, controls Shufersal.
Key Numbers
| Sales in U.S. Dollars (mil.) | 2,577.1 (2007) |
|---|---|
| One-year % Growth in Sales | 20.6 (2007) |
| Net Income in U.S. Dollars (mil.) | 63.3 (2007) |
| One-year % Growth in Net Income | 120.8 (2007) |
| Number of Employees | 10,400 (2007) |
| One-year % Growth in Number of Employees | 0.0 (2007) |
| Fiscal Year-End | December |
