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Israelis are shopping like mad, but many retailers worry it won't last - Business


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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.
Israel’s Iran-baiting could backfire on Bibi: Listen to Yossi Melman ....

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Closure of branches and simplifying of menus: Israel's post-COVID café industry


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Feb. 3, 2021
Cafés were one of Israel’s growing industries before the pandemic. Dozens of new ones, mainly from the chains, opened yearly. The successful chains launched different brands as cafés expanded their menus beyond pastries, sandwiches and coffee.
The pandemic caught the cafés off guard. Restricted to takeaway and deliveries, the chains found themselves losing clientele to their colleagues offering Asian food, hamburgers and pizza. Months of inactivity led to a significant chunk of them collapsing – 1,000 cafés have already closed or won’t reopen the moment the economy returns to full activity. Turnover in cafés cratered from 6 billion shekels ($1.8 billion) in 2019 to 2.75 billion shekels in 2020. ....

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