Israel’s largest supermarket chain cites regulatory conditions set by competition watchdog and market conditions as reasons for canceling partnership to bring SPAR to the country

Food and beverage manufacturing giant, former CEO Giora Bardea, and CFO Ariel Chetrit are alleged to have attempted to coordinate price hikes with competitors

Price drops on fresh produce, clothes and furniture outweigh hikes elsewhere, matching trends around the world as higher interest rates smother spending

Rami Levy says it's in talks with global retailers, including French groups Auchan and Casino and Dutch-owned SPAR

Israel’s biggest supermarket chain inks deal to exclusively import and sell SPAR products in Israel, vowing to increase competition and bring down food prices

Consumer price index rose 0.3% in December, led by gains in housing, food, transportation, and telecommunications prices, according to Central Bureau of Statistics

Dairy items, spreads, snacks and honey among products to see increase; company says 'proportional price update' needed to maintain balance between needs of consumers and investors

Retailer says it will bring back products that have no alternatives on the market, while keeping others off the shelves

Without many alternatives and with potential competition from smaller retailers, Israel's largest supermarket chain may find itself fighting the dairy giant's price rise on its own

Expected increase of about 5% to apply to most of the food giant's dairy products and non-dairy substitutes; Shufersal chain says it opposes move, will take items off shelves