Supermarket Stocks Decline in October; Tiv Ta'am Leads Year-to-Date
Translated & summarized from Ice by baba
All five Israeli supermarket stocks listed on the Tel Aviv Stock Exchange fell in October, with Shufersal experiencing the largest monthly decline. However, Tiv Ta'am stands out with a positive year-to-date return, while Victory has seen the steepest drop since the beginning of 2026. The competitive Israeli food retail market generated approximately 63.1 billion shekels in sales in 2025, with Shufersal being the largest player.
The story in 5 lines · by baba
- All five Israeli supermarket stocks declined in October, with Shufersal losing 4.34%.
- Tiv Ta'am is the only supermarket chain with a positive year-to-date stock return of 8.36%.
- Victory stock has fallen nearly 30% year-to-date, the sharpest decline among the five chains.
- Yohananoff recorded the smallest monthly stock drop at 1.15% in October.
- The Israeli food retail market generated 63.1 billion shekels in sales in 2025.
All five publicly traded supermarket chains in Israel experienced stock declines in October. Yohananoff saw the smallest drop at 1.15%, while Shufersal lost 4.34%. However, looking at year-to-date returns, the rankings shift significantly. Tiv Ta'am has gained 8.36% since the start of 2026, contrasting sharply with Victory, which has plummeted nearly 30% despite its second-place monthly ranking.
Yohananoff, which also operates the home goods retailer Zol Stock, ranked first for October with a 1.15% decrease and the smallest year-to-date decline among the four falling stocks. Victory came in second for the month with a 2.53% drop, outperforming Rami Levy by over a percentage point. Yet, Victory's year-to-date performance is the worst, with a 29.97% loss.
Tiv Ta'am, involved in food import and marketing, ranked third in October with a 2.85% decrease. It is the only chain in the ranking with a positive year-to-date return, with its retail operations contributing about 72% of the group's revenue in the first half of the year.
Rami Levy, operating discount and neighborhood supermarkets, including Super Cofix urban markets, was fourth in October with a 3.60% decline. Shufersal, which also runs the Be pharmacy chain and engages in income-producing real estate, finished fifth with a 4.34% drop, the steepest monthly loss. Year-to-date, Shufersal has lost 9.89%.
Carrefour Israel is not individually ranked because it is part of Electra Consumer Products, whose stock performance reflects the entire group's activities in electronics and sports retail, making a direct comparison to standalone supermarket chains impossible. October's price returns were calculated based on closing prices between September 30 and October 30, 2026, excluding dividends. Year-to-date returns are as of November 3, 2026.
The Israeli food retail market is a multi-billion shekel industry. In 2025, sales of fast-moving consumer goods (FMCG) reached approximately 63.1 billion shekels, a 3.9% increase from 2024, driven mainly by price hikes as real sales volume slightly contracted. The sector is highly competitive, with major players like Shufersal (NIS 15.6 billion in 2024 revenue) and Rami Levy (NIS 7.4 billion in 2024 revenue) vying for market share amidst rising product costs and changing consumer habits.
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