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==Business==
==Business==
As of 2019, Yeinot Bitan was the third-largest supermarket chain in Israel, with 185 branches, {{ILS|4.8}} billion in revenue, and 8,200 employees.<ref name="bdi" /> Its headquarters are in [[Rishon LeZion]], Israel.<ref name="calcalist-city" /> It operates stores under multiple brands: Yeinot Bitan, Yeinot Bitan in the City, Mehadrin Market (geared at the [[Haredi]] public) and Mega BaIr.<ref name="globes-investigation" />
As of 2019, Yeinot Bitan was the third-largest supermarket chain in Israel, with 185 branches, {{ILS|4.8}} billion in revenue, and 8,200 employees.<ref name="bdi" /> Its headquarters are in [[Rishon LeZion]], Israel.<ref name="calcalist-city" /> It operates stores under multiple brands: Yeinot Bitan, Yeinot Bitan in the City, Mehadrin Market (geared at the [[Haredi]] public) and Mega BaIr.<ref name="globes-investigation" />

==See also==
* [[List of supermarket chains in Israel]]


==References==
==References==

Revision as of 21:53, 13 December 2019

Yeinot Bitan (Template:Lang-he, lit. Bitan's Wines) is a family-owned Israeli supermarket chain. Along with its own brand, it owns the Mega chain. As of 2019, the chain runs nearly 200 stores in Israel.

History

Yeinot Bitan was founded in 1982,[citation needed] when Nahum Bitan purchased a small alcohol store in Ashkelon, Israel.[1] In 1995 the store expanded, when it purchased a disused movie theater and converted it into a supermarket. It proceeded to acquire small supermarket chains Hyper Rama (Template:Lang-he) and Yad Yitzhak (Template:Lang-he) in 2006, and by 2007 counted 11 branches throughout Israel.[citation needed] In 2012 Yeinot Bitan purchased yet another chain, Kim'at Hinam Stores (Template:Lang-he), with 35 branches, more than the brand Yeinot Bitan itself, and having a similar revenue.[1]

On June 30, 2015, it acquired Mega, one of the largest supermarket chains in Israel, mostly active in city centers, for NIS 455 million. The chain had had about 120 branches, bringing Yeinot Bitan's total to over 180.[2][3] In 2017, the Yeinot Bitan brand (not including Mega) spun off its 23 city-center branches into a new branch, Yeinot Bitan in the City.[2] The year 2017 proved difficult for the chain and its owners, having disagreements with suppliers, fines from the Israel's antitrust regulator and liquidity issues, among others.[4]

Business

As of 2019, Yeinot Bitan was the third-largest supermarket chain in Israel, with 185 branches, NIS 4.8 billion in revenue, and 8,200 employees.[5] Its headquarters are in Rishon LeZion, Israel.[2] It operates stores under multiple brands: Yeinot Bitan, Yeinot Bitan in the City, Mehadrin Market (geared at the Haredi public) and Mega BaIr.[4]

See also

References

  1. ^ a b Kalian, Gil (July 11, 2012). "בלעדי ל"כלכליסט": עובדים בכמעט חינם קיבלו הודעה על מכירה ליינות ביתן" [Calcalist Exclusive: Kim'at Hinam Employees Received Message About Sale to Yeinot Bitan]. Calcalist (in Hebrew). Retrieved December 13, 2019.
  2. ^ a b c Kadosh, Nurit (September 19, 2017). "נחום ביתן מעלה מחירים עם רשת עירונית חדשה" [Nahum Bitan Raises Prices with New City Chain]. Calcalist (in Hebrew). Retrieved December 13, 2019.
  3. ^ Dovrat-Mazritz, Adi (June 30, 2016). "נחתם הסכם לרכישת מגה: האם המחירים בערים יוזלו?" [Mega Acquisition Deal Signed: Will the Prices in the Cities Drop?]. TheMarker (in Hebrew). Retrieved December 10, 2019.
  4. ^ a b Ben Hamo, Yehuda (January 26, 2018). "חידת ביתן: מה מסתתר באימפריה הקמעונאית שבנה נחום ביתן" [Bitan Mystery: What Hides Behind the Retail Empire Built by Nahum Bitan?]. Globes (in Hebrew). Retrieved December 10, 2019.
  5. ^ "מסחר – רשתות שיווק מזון" [Trade – Food Marketing Chains]. Coface BDI. Retrieved December 13, 2019.