“My network has 2.5 million customers, and also investors – who are customers indirectly”

by time news

Rami Levy came in second place in the choice of Bizportal site surfers. Levy, who is sometimes unfairly attacked by politicians, founded his chain from a small store and turned it into one of the largest retailers in Israel. He brands himself as someone who makes sure to lower prices and thinks about the public, and despite the low margin in the field, he manages to compete and maintain profitability.

Moderator Sharon Kidon introduced him this way at the ceremony: The second winner- Rami Levi The owner of Rami Levy Sycamore Marketing and a successful businessman. Levy continued to march the retail chain in the right direction and narrows the gap with Shufersal. The network’s results were relatively good. The stock provided an excess return over all competitors. Rami entered into other ventures, including control of the Israir company. Happy New Year to Rami Levy, I am happy to invite him to the stage.

Rami Levi: “I am excited to stand here. Really excited. I will speak very briefly. I serve my customers literally. Even where I serve them on a daily basis. 2.5 million customers enter my network a month. I feel that I am serving them, doing good to them, doing You do everything to do good with them and give them products at reasonable prices. If I do good with them, it means that I do good with about 800,000 families who own my network. Along with them there are also investors through the stock market who own Rami Levy shares. Both are actually my clients directly and indirectly. Indirectly because it is through Provident, pension and savings funds that are invested through investment managers in the Rami Levy stock.There are of course also investors directly.

“I feel a double obligation, also in the fact that I serve them on my sales floor in order to be kind to them and see how to really help them finish the month and precisely in the difficult period we are seeing and I fight every day to lower the cost of living. And also an obligation to the investors.

“We will continue to do and not talk and that others will continue to talk. So what is left for me to thank and protect my customers literally. For those who invest in our shares with us to distribute a dividend. From the moment I issued the company – the investors received three times the money invested and their money was multiplied tenfold. Thank you very much to everyone” .

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