KSP Electronics Retailer Expands with Two New Stores

Israeli electronics retailer KSP, known for its competitive pricing in computing, mobile, electronics, and pharmacy goods, is continuing an aggressive expansion strategy. The company's business model, which relies on parallel imports, a wide product selection, and a "distribution warehouse" store format to reduce operational costs, enables it to offer attractive prices and open new locations nationwide.

KSP announced the upcoming opening of two new branches in strategic central Israel locations. The first is slated to open in approximately two weeks at the Sirkin Mall in Petah Tikva. The second branch will open in about a month and a half at a central location on the border between Kiryat Ono and Or Yehuda.

These new openings follow recent expansions, including a new branch in the Modi'in business district offering free parking for customers and another new store in Yokneam. In addition to new stores, KSP is undertaking significant upgrades at existing locations. The Ashkelon branch recently relocated to a larger space in the industrial zone, and the Beit Shemesh branch moved to a more central and accessible location within the "Sha'ar Ha'ir" mall.

Upon completion of these moves, KSP will continue to broaden its national presence, which currently comprises 73 branches. Eilat holds the record with six active branches, benefiting from high demand due to the combination of KSP's pricing and tax-free sales.