Type Public TASE: MSBZ Area served Israel Website Mashbir.co.il Founded 1947, Israel Parent organization Shavit-Gitarts Group Ltd | Industry Department store Revenue NIS 907 million (2006) Headquarters Israel Number of employees 3,651 | |
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Key people Rami Shavit (CEO)
Hadar Olsker (CFO)
Nissim Hassan (COO) Stock price MSAH (TLV) 220.90 ILA -2.20 (-0.99%)15 Mar, 11:50 AM GMT+2 - Disclaimer CEO Rami Shavit (13 Mar 2003–) Subsidiaries Hamashbir Department Stores Ltd., Club 365 Ltd., Club 365 Finance Ltd, New-Pharm Drugstores Ltd. | ||
Boycott hamashbir lazarchan department store at zion square in jerusalem
Hamashbir Lazarchan (Hebrew: המשביר לצרכן) is an Israeli chain of department stores. Hamashbir consists of 33 branches across the country.
Contents
- Boycott hamashbir lazarchan department store at zion square in jerusalem
- Unknown modernized by isralift talking elevator at hamashbir lazarchan in rishon lezion
- History
- Branches
- References
It is distinct from its predecessors, the consumer cooperative Hamashbir (1916–1930), reorganised as the wholesale supplier Hamashbir Hamerkazi in 1930. The original Hamashbir was set up with the goal of supplying the Jewish communities of Palestine with food at affordable prices during the terrible shortage years of the First World War.
Unknown modernized by isralift talking elevator at hamashbir lazarchan in rishon lezion
History
The chain was founded by the Histadrut in 1947. In 2003, Rami Shavit and a group of investors acquired the department store chain, operating the company under the new name, New Hamashbir Lazarchan Ltd. In 2007, the company went public on the Tel Aviv Stock Exchange with a NIS 6.6 million stock offering and bonds valued at NIS 50 million.
Branches
In 2011, a new branch of Hamashbir opened at Zion Square in Jerusalem. The 7-story building incorporates elements of two 19th-century historic buildings previously slated for preservation. The building was designed by Jerusalem architect Amazia Aaronson. It faces the square and Jaffa Road.