MarketYeinot Bitan
Company Profile

Yeinot Bitan

Global Retail K.Y. Ltd., formerly known as Yeinot Bitan is a family-owned Israeli supermarket chain. Along with its own brand, it owns the Mega chain. As of 2019, Yeinot Bitan runs nearly 200 stores in Israel. In 2022, the chain signed a franchising agreement with the French retail chain Carrefour, and as of May 2023, around 50 of its branches had been converted to the "Carrefour" branding.

History
Yeinot Bitan traces its roots to 1982, when Nahum Bitan purchased a small alcohol store in Ashkelon, Israel. In April 2023, before the launch of the Carrefour branding, Yeinot Bitan changed its name to "Global Retail K.Y. Ltd.", and in May, 50 of its franchises were converted to 3 Carrefour formats—3 being "hypermarkets", and the rest being "supermarkets" and "city markets". ==Business and management==
Business and management
As of 2019, Yeinot Bitan was the third-largest supermarket chain in Israel by revenue and second biggest by number of branches, with 185 branches, billion in revenue, and 8,200 employees. Its headquarters are in Rishon LeZion, Israel. It operates stores under multiple brands: Yeinot Bitan, Yeinot Bitan in the city, Mehadrin Market (geared at the Haredi public) and Mega BaIr. Yeinot Bitan is run primarily by the Bitan family. Nahum Bitan heads the company, with his wife Nurit being co-owner. Nahum's brother Efi manages operations, his daughter Elinor is the legal adviser, and his son-in-law manages the import of household items. Yossi Bitan, Nahum's son, is deputy CEO. ==See also==
tickerdossier.comtickerdossier.substack.com