Economy · Full coverage
Insurance Giant Migdal Sells Shufersal Shares Amidst Retailer's Financial Woes
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
Unrated 2
By מערכת ice
First reported by Calcalist · 14 hours ago
What happened
Migdal Insurance has sold off NIS 125 million in Shufersal shares, falling below a 5% stake, following the retailer's reported financial decline. Shufersal's net profit dropped 13.8% and revenue fell 2% in the first half of the year.
- 01Migdal Insurance sold NIS 125 million in Shufersal shares, dropping below 5% ownership.
- 02Shufersal reported a 13.8% net profit drop and 2% revenue decrease in H1.
- 03Comparable store sales fell 2.7%, unlike competitors Rami Levy and Yohananof.
- 04Shufersal's stock price has fallen 12% in the past month.
- 05The company's stock is at risk of removal from the TA-35 index.
- 06Despite recent losses, Shufersal stock is up 133% over three years.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
Related stories
Israeli Retail Giant Shufersal Plunges Amid Investor ConcernsAug 28, 2026Israeli Food Chains Boost Sales, Except For ShufersalSep 3, 2026Shufersal Stock Plummets 11% Amid Investor and Customer ExodusAug 30, 2026Migdal Insurance Reports 575 Million Shekel Profit in Q2 2026, Boosted by Pension GrowthAug 18, 2026Shufersal Quietly Expands Private Brands Offering Significant Savings Amid Israeli Market ChallengesAug 10, 2026Harel Insurance Buys $320 Million in Shikun & Binui SharesSep 7, 2026
