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Arutz ShevaEconomy

Yesh Chesed Supermarket Chain Opens New Branch in Arad

Translated & summarized from Arutz Sheva by baba

RightNeutral tone

Hebrew · 1 newsroom

The 'Yesh Chesed' supermarket chain will open a new branch in Arad's RD commercial center within the month. The expansion is driven by local entrepreneurs Menachem Kayan and Simcha Grunbaum, catering to the growing Haredi population. The move aims to provide convenient shopping options within the city and reduce the need for travel to external commercial centers.

The story in 5 lines · by baba

  • Yesh Chesed supermarket chain opening new branch in Arad's RD commercial center next month.
  • The expansion caters to the growing Haredi and Gur Hasidic communities in Arad.
  • Entrepreneurs Menachem Kayan and Simcha Grunbaum are behind the new development.
  • The move aims to provide convenient local shopping and services for residents.
  • CEO Ran Aharoni inspected the site to prepare for the upcoming opening.

The supermarket chain 'Yesh Chesed' is set to open a new branch within the next month in the RD commercial center in Arad, formerly known as Arad Mall. This expansion reflects the growing Haredi community in the city, particularly the Gur Hasidic community.

The initiative is driven by two local entrepreneurs from the Gur Hasidic community, Menachem Kayan and Simcha Grunbaum, who purchased the property and are adapting its commercial mix to meet residents' needs. The chain's CEO, Ran Aharoni, recently toured the site with planning and branding teams to assess the infrastructure ahead of the planned opening.

These developments aim to provide updated shopping and service solutions within Arad, reducing the need for residents to travel to commercial centers outside the city. The revitalization of the commercial complex is occurring against the backdrop of demographic changes in Arad, with a steady increase in Haredi families, especially from the Gur Hasidic community, creating a rising demand for suitable commercial facilities and accessible community services.

Arutz ShevaRight · Beit El

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