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Retail and Manufacture | ||
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Over 90% of the retail sector in Palestine consists of family-owned businesses, mainly SME’s (Small and Medium Enterprises).
Up until the year 2000, there were no retail chains in Palestine. Even today, there is only a minimal presence of multinational brand names. Companies tried to establish themselves between 2001-2007, however they were not successful due to the bad economic climate. In 2008-2009, the improvement in the economic situation prompted some local companies to start representing well known brand names, such as Pierre Cardin. The food part of the retail sector now includes small chains – national brands, such as Checkers, Tommaso’s, Goodies. These are all successful and doing well. As for the retail of hi-tech, household appliances and electronics, three big chains cover most of the requirements of the Palestinian cities. In the supermarkets and groceries part of the sector, one fast growing chain is called Bravo. Success Story Bravo Supermarket is a full scale modern supermarket and is considered the largest, most modern and most comprehensive supermarket in Palestine. It offers a full line of consumer products, including fresh meats, dairy produce, delicatessen, frozen foods, bakery, bulk foods, cleaning products, house wares, and a healthy mix of locally manufactured and foreign goods. Most importantly, Bravo supermarket is distinct with the highest standards of cleanliness, customer service and competitive prices. Bravo supermarket opened its first branch during the last quarter of 2003 and by the end of 2009, it will open its 10th branch. Its expansion plan aims to cover all Palestinian areas by opening 30 branches in the upcoming 3 years. Useful links
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