Tiv Taam

According to an IBI investment house report, Tiv Taam recorded 555.8 million shekels in revenue for Q2 2026 and growth in same-store sales, defying broader challenges in the food retail sector.

Second-quarter reports reveal an increase in net profit and revenue per square meter for Tiv Taam, while retail giants Carrefour and Rami Levy show a downward trend for the past quarter.

Tiv Taam is preparing for the possibility that it will be required to leave its existing branch at the Star Center in 2029, and has purchased land in Ashdod for 40.8 million shekels to establish a new branch. The move comes against the backdrop of an eviction lawsuit filed by the property owners that ended in a compromise, and concerns regarding religion and kashrut issues. At the same time, the...

The well-known supermarket chain summarized the second quarter of 2026 with revenues of 555.8 million shekels, presenting a plan to expand branches and launch advanced automation systems.

Arbitrator Chen Schreiber has determined that the total value of Tiv Taam's acquisition of Mizrach Ve-Maarav will be 131 million shekels. This figure is 8% higher than the valuation set in the original December 2024 agreement.

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Tiv Taam has invested 6 million shekels in a new branch in Rishon LeZion. The chain plans to roll out 'Mizrah U'Ma'arav' sub-branches across all its locations in the near future.

Tiv Taam is integrating the 'Mizrah u-Ma'arav' food brand into 10 of its stores. Simultaneously, the chain is opening a new branch in western Rishon LeZion with an investment of 6 million shekels.

In the first phase, checkout counters will be removed from ten branches, starting with Ramat HaHayal. These will be replaced by 'Mizrah-Ma'arav' departments. CEO Hagai Shalom stated that customers will scan and pay for their items independently at terminals.

The retail chain is expanding its presence in Rishon LeZion with a second large-scale branch located in the Protea shopping and entertainment complex. The store will operate on weekends and holidays, offering a wide range of products and special launch promotions.