Hamashbir puts its expansion drive behind it
Too much debt was worrying the markets, so the operator of Israel’s biggest department store chain is looking to consolidate.
Hamashbir 365 Holdings Ltd., the company that owns department store chain Hamashbir Lezarchan, is shaking up its strategy after years of rapid expansion that saddled it with more debt than investors were comfortable with.
register with haaretz
Like us on Facebook and get articles directly in your news feed