Get Plus

Sign in to baba News

One account across the web, iPhone and Android — your subscription follows it.

or use an email code

Search stories

Type at least two characters. Results come from every newsroom baba reads.

↑↓ to move · ↵ to open · esc to close

Sign in to baba News

Sign in to keep asking. News Plus removes the daily limit.

or use an email code

Channel 13Economy

Victory Supermarket CEO's Recorded Remarks on Price Gouging Revealed

Translated & summarized from Channel 13 by baba

CenterCharged tone

Hebrew · 1 newsroom

Recordings reveal Eyal Ravid, CEO of the Victory supermarket chain, making offensive remarks about customers and discussing price increases, despite his public image as a fighter against the high cost of living. The investigation by "HaMakor" raises questions about potential price-fixing.

The story in 5 lines · by baba

  • Victory supermarket CEO's recorded remarks on price gouging revealed.
  • Eyal Ravid disparaged customers and discussed raising prices.
  • The CEO previously claimed to fight high cost of living.
  • He now faces allegations of price-fixing.
  • Recordings aired by "HaMakor" investigative program.

Recordings of Eyal Ravid, CEO of the Victory supermarket chain, have been revealed for the first time, showing him making disparaging remarks about customers and discussing price increases. In the recordings, aired by the investigative program "HaMakor" (The Source) on Channel 13, Ravid can be heard saying, "These morons really think we won't raise prices?" and "There are people here who are shit." The revelations come amid soaring prices for holiday shopping in Israel.

Ravid, who has previously positioned himself as a fighter against the high cost of living, is now facing accusations of price-fixing. The report questions how someone who presented himself as an opponent of inflated prices has become embroiled in allegations of coordinating price hikes. The program "HaMakor" is set to delve deeper into these recordings and allegations on Wednesday evening.

The investigation highlights the stark contrast between Ravid's public image and his private comments, raising questions about the practices within the supermarket chain during a period of significant economic strain for consumers.

Channel 13Centre · Tel Aviv

Sign in to baba News

Sign in to follow newsrooms, topics and people.

or use an email code

EconomyTopic

Sign in to baba News

Sign in to follow newsrooms, topics and people.

or use an email code

Mentioned

Related stories · 1

Not the same event — other stories that share this one’s people, places, or theme: background, reactions, and follow-ups.

Open the Wire