Yochananof is forming a subsidiary for its real estate assets, valued at $333 million. The company’s property holdings are expanding and may later be listed as a separate entity. This move follows the supermarket chain’s strategic shift toward diversifying its business operations.
Victory Supermarket Chain Ltd. reports **99 million shekels ($33M) in first-quarter 2026 profits from Gaza Strip sales**, prompting scrutiny over corporate involvement in the region. The Israel Securities Authority requested a supplemental report to investigate the unexpected earnings surge. Regulatory pressure follows revelations of direct sales to Gaza, raising questions about ethical compliance and business operations in the Strip.
Israel’s Competition Authority charges three unnamed supermarket chains with violating food laws by allegedly fixing prices. The indictment follows an investigation into potential collusion that may have affected consumer costs. Authorities aim to restore fair market practices in the retail sector.
The Israel Competition Authority indicts Eyal Ravid (Victory Supermarket Chain), Eitan Yochananof (Yochananof and Sons), Elad Harazi (Yochananof deputy CEO), and Ephraim Tshuva (Super Bareket) for alleged cartel behavior and Food Law violations. Authorities accuse Ravid of making public statements that facilitated price-fixing arrangements in the food sector.
Feb 2025The Jerusalem Post | JPost.comNews article