Rami Levy is revolutionizing coffee shops: how much more expensive will a cup of coffee be?

As a reminder, the company’s board of directors and management are working to make business moves to reverse the trend and move to positive results. Among other things, by establishing new branches both in the supermarket chain and in the coffee shop chain. In the field of supermarkets: the retail purchase prices were updated in accordance with the Rami Levy chain price lists, which led to a significant improvement in the gross margins at Super Cofix, the credit terms with the suppliers were significantly improved, as well as commercial terms that benefit Super Cofix as usual in the industry. In addition, starting in 2019, Super Kofix began a pilot for the opening and conversion of the branches of the supermarket chain to branches under the brand “Ramy Levy in the neighborhood” (a brand belonging to the Rami Levy chain and which the Rami Levy chain permitted its use non-exclusively to Super Kofix without compensation for a limited period) which allows Selling a wider variety of items.