Full coverage· Economy· Updated
New Competition Cuts Back-to-School Supply Prices by Up to 1,000% in Israel
New competition from food and discount chains in Israel's school supply market has led to drastic price differences, with some pencils costing over 1,000% more at specialty stores.
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What happened
- 01Food and discount chains entering school supply market increase competition against specialty retailers.
- 02Non-branded, cheaper alternatives now widely available, benefiting consumers.
- 03Price gaps on basic items like pencils reach over 1,000%, e.g., 0.70 vs. 7.90 shekels.
- 04Significant price differences also found in highlighters, pencil cases, and notebooks.
- 05Parents often overpay for 'orthopedic' backpacks without certified medical approval.
- 06Experts advise careful shopping to avoid inflated family expenses.
Experts warn parents against paying premiums for branded "orthopedic" backpacks without proven health benefits, urging more informed purchasing to cut costs.
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