Type | Public TASE: MSBZ |
---|---|
Industry | Department store |
Founded | Israel (1947) |
Headquarters | Netanya, Israel[1] |
Area served | Israel |
Key people | Rami Shavit (CEO) Hadar Olsker (CFO) Nissim Hassan (COO)[1] |
Revenue | NIS 907 million (2006)[2] |
Employees | 3651[2] |
Website | Mashbir.co.il |
Hamashbir Lazarchan (Hebrew: המשביר לצרכן) is an Israeli chain of department stores. Hamashbir consists of 33 branches across the country.[2]
The chain was founded by the Histadrut in 1947.[1] In 2003, Rami Shavit and a group of investors acquired the department store chain, operating the company under the new name, New Hamashbir Lazarchan Ltd.[1][2] In 2007, the company went public on the Tel Aviv Stock Exchange with a NIS 6.6 million stock offering and bonds valued at NIS 50 million.[2]