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Company type | Public company |
---|---|
TASE: RMLI | |
Industry | Supermarket |
Founded | 1976 |
Founder | Rami Levy |
Headquarters | , |
Number of locations | 44 supermarkets 20 cellular communications stores |
Key people | Rami Levy (Owner and CEO) Adina Levy (CFO) Shmulik Levy (Vice President Operations) |
Revenue | NIS 1.14 billion (US$401 million) (2013)[1] |
NIS 115 million (US$32 million) (2010)[2] | |
NIS 92.47 million (US$27 million) (2011)[3] | |
Total assets | NIS 643 million ($US179 million) (2010)[2] |
Total equity | NIS 500 million (US$139 million) (2010)[4] |
Owner | Rami Levy |
Number of employees | 5,000+[1] |
Subsidiaries | Yafiz clothing stores Rami Levy Communications Israir Airlines |
Website | www![]() |
Rami Levy Hashikma Marketing (Hebrew: רמי לוי שיווק השקמה, Rami Levy Shivuk Hashikma) is the third largest Israeli retail supermarket chain,[1][5] behind Shufersal Ltd. and Alon Holding–Blue Square Ltd., with annual revenues of NIS 1.14 billion (US$401 million).[1] Founded in 1976 on Rehov Hashikma (Sycamore Street) in the Mahane Yehuda Market district, Rami Levy was Israel's first discount store.[4] The chain claims to slash the price of the average basket of goods by as much as 20%.[4][6] The company went public on the Tel Aviv Stock Exchange in 2007 and has increased its sales volume and number of stores each year since. Rami Levy operates a chain of 44 discount supermarkets in Central and Northern Israel. It also distributes wholesale to 450 stores in and around Jerusalem.[7] The company has diversified into retail clothing sales, real estate, and cellular communications, with 20 stores of Rami Levy Communications selling cellular phone services at a discount.[1]
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