Max Stock

Max Stock has signed a lease agreement for a new 45,000-square-meter logistics center in Ofakim with GT Holdings, a company co-owned by its CEO, Ori Max. The project, expected to be completed in 2028, involves an investment of approximately 20 million shekels.

Amid a trend of dramatic expansion in Israel, Max Stock is leasing approximately 45,000 square meters in a logistics center being built by GT Real Estate in Ofakim for a 20-year term.

Ahead of the swimming season and the school year, the popular retail chain is cutting prices and offering a variety of items for babies and children at bargain prices, but recommends that consumers check stock at their local branch.

Max Stock announces sales in the footwear and clothing departments, offering dozens of items for only 5.90 shekels. At the same time, the chain is significantly lowering prices on stationery, paper products, bags, and pencil cases ahead of the back-to-school season.

The Max Stock chain is launching a variety of cheap solutions for school and offers writing kits, marker packs, backpacks, and pencil cases at rock-bottom prices, alongside a fifty percent discount on a favorite sports brand.

The District Court ruled on a stormy conflict that lasted eight years, rejected the chain's claims, and determined that it will compensate the franchisee with millions of shekels following the unlawful cancellation of an agreement.

September 1st is approaching: while in the past almost only stationery and office supply chains enjoyed the growing market, in recent years stock chains have entered the picture, already holding 35% of the activity. How does all this affect prices?

Following the massive success of its Purim collection, Max Stock is launching an exclusive back-to-school line featuring internet star 'De Cohen'. The range includes backpacks, stationery, and gadgets at highly competitive prices.

Max Stock has convened a shareholders' meeting to approve a 51% increase in the annual compensation of CEO and founder Ori Max to 7.77 million shekels. The move aims to incentivize continued value creation for the company and its shareholders.

The Max Stock chain revealed its financial reports with a jump in revenue to 379 million shekels and presented its national expansion map, which includes closing a well-known branch and moving into new cities.

The weakening of the dollar boosted Max Stock's profits in the second quarter. The discount store chain reported a 12.7% increase in sales to 379 million shekels and a 35.7% jump in net profit.

Following exceptionally strong financial reports and an unusual increase in profits, the popular retail chain will distribute a dividend of 50 million shekels and open five new branches across the country.

There are approximately 246 discount stores in Israel. A new report by POINTS reveals the competitive landscape, data on leading chains, and their deployment strategies based on population density.