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Apr. 22, 2021 1:12 AM
The most pessimistic forecasts saw dark days for Israeli consumer spending in the wake of the coronavirus pandemic: Shoppers would shun malls in favor of online purchases, consumer spending would drop and many businesses would close up.
But two months after Israel’s third lockdown ended and nearly the entire economy is back in business, the reverse has happened: The malls are full, restaurant tables are crowded with free-spending diners and big retailers are issuing announcements about new brands and new stores.
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