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EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...

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Fax:+972 3-9505824<br />

www.shufersal.co.il<br />

Total 2010 Sales: $3 Billion (NIS 11 Billion) +0.7%<br />

Percentage of Sales in Exclusive Brands: 10%+(E)<br />

Principal Business: Established in 1958, formerly called Super-Sol, this company is now traded<br />

under the SAE symbol on the Tel Aviv Stock Exchange (TASE). As Israel’s leading retail food<br />

chain, Shufersal operates 266 outlets that command a 37% market share. Its four banners are: 105<br />

Shufersal Sheli (My Shufersal) neighborhood retail stores, 32 Shufersal Big hypermarkets, 75<br />

Shufersal Deal discount stores, 57 Yesh discount stores (catering to Orthodox, religious & Arab<br />

customers featuring Kosher foods), and 16 Shufersal Express convenience stores. Its Shufersal<br />

Yashir operation provides home and office services (online or by phone/fax). Additionally, the<br />

company operates four distribution centers and a production facility for frozen and fresh baked<br />

foods. Its other main business is rental real estate. Investors include Nochi Dankner’s IDB<br />

Holdings Corp. Ltd (45.9%) and Isralona Properties Ltd. (18.6%)..<br />

EB Identities: Shufersal<br />

EB skus: 1,400+<br />

Profile: When Clubmarket, Israel’s third largest supermarket retailer, filed for bankruptcy in July<br />

2005, Supersol followed up with a bid to purchase Clubmarket’s 114 stores in Israel, thus<br />

triggering its re-branding strategy over to Shufesal plus a new private label identity, Shufersal,<br />

featuring new, upgraded packaging design. Its private label range has since grown to be the largest<br />

in Israel. Shufersal also has picked up an exclusive license to sell Cherokee brand apparel products<br />

in Israel (This brand is licensed in more than 30 countries). During 2009, this retailer introduced a<br />

new format, Shufersal Express, a convenience store concept including franchised stores.<br />

Expansion of its stores plus closure of unprofitable outlets continues. Net income for the year was<br />

$90 million +3.4%. In January 2011, the company upgraded 30 Shufersal Big stores over to the<br />

Shufersal Deal format. A bid for control of the company by Bronfman Fisher Investment ended in<br />

November 2011. This was followed by Isralona Properties and British Leo Noe looking to<br />

acquired 46% interest in the retail operation.<br />

Procurement Contacts: N/A<br />

SIGMA COMPANY LIMITED<br />

1408 Centre Road, Clayton Melbourne, Vic 3168, AUSTRALIA<br />

Tel: +61 (03) 9542 -9511

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