The heads of the retail and shopping malls industry: a slowdown in consumption is expected next year

According to Chai Galis, CEO of Big Shopping Centers, at the Malls Conference in Eilat, “There is no way that a family will pay another thousand shekels on a mortgage and we will not experience a slowdown in consumption.” Shahar Turgeman, Chairman of the Beryl Fashion Group added, “2023 will be a challenging year, The breathing time of small and medium-sized businesses is shorter than that of the big players.” And only Harel Wiesel, CEO and controlling owner of Fox sees a rosy picture, “There will be more competition and I am sure that 2023 will be an excellent year”

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