Food prices in Israel are expected to fall thanks to the imminent opening of new supermarkets SPAR, 7-Eleven and Carrefour. US giant Costco has also been invited to join the party. Israeli supermarket Shufersal has invested NIS 28 million in SPAR and will sell its lower-priced products.
https://www.timesofisrael.com/shufersal-injects-nis-28-million-to-open-dutch-spar-chain-in-israel/