Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Shufersal Ltd. is one of Israel’s largest retail and consumer goods companies, operating primarily in the food and household retail sectors. The company manages a nationwide supermarket and retail network and is publicly traded on the Tel Aviv Stock Exchange under the ticker SHUF. Shufersal’s core activities include food retail, pharmacy operations, private-label consumer products, e-commerce grocery fulfillment, and financial and loyalty services tied to its customer membership ecosystem. Its operations place it at the center of Israel’s organized retail market, serving both urban and suburban consumer segments across multiple income levels.
The company’s primary revenue driver is its supermarket and retail operations, which include discount formats, neighborhood stores, online grocery delivery, and health and beauty retail. Shufersal has developed a significant private-label portfolio that contributes to margin expansion and customer retention. Historically, the company evolved from a traditional supermarket chain into a diversified retail platform with digital commerce capabilities and financial service offerings. Public filings and investor disclosures indicate that the company has focused heavily on supply-chain efficiency, omnichannel retailing, and customer loyalty integration as competitive differentiators within Israel’s highly concentrated retail market.
Business Operations
Shufersal operates through several core business activities, including its Retail Segment, Online Operations, and pharmacy and consumer service activities associated with the Be Pharm chain. Revenue is primarily generated through supermarket sales, digital grocery fulfillment, private-label products, and ancillary consumer services. The company operates multiple store formats designed to target different consumer demographics, including discount-focused hypermarkets and neighborhood convenience formats. E-commerce has become an increasingly important operational pillar, with Shufersal maintaining one of the largest online grocery delivery infrastructures in Israel according to company filings and industry reporting.
The company’s operations are concentrated mainly within Israel, although its sourcing, procurement, and supplier relationships are international in nature. Shufersal controls extensive logistics and distribution infrastructure, including warehousing and supply-chain assets supporting nationwide fulfillment. Its operations also include customer loyalty and payment-related services tied to the Shufersal Club ecosystem. The company has historically maintained partnerships with local and international suppliers across food, consumer packaged goods, and pharmaceutical categories. Public disclosures also indicate continued investment in digital retail technologies, inventory optimization systems, and fulfillment automation capabilities.
Strategic Position & Investments
Shufersal’s strategic direction has centered on strengthening its position as an integrated omnichannel retailer while expanding higher-margin activities such as private-label goods, pharmacy retail, and digital commerce. The company has invested in logistics modernization, online delivery infrastructure, and customer data platforms intended to improve operational efficiency and customer retention. Management commentary in annual reports and investor materials has consistently emphasized digital transformation, cost optimization, and expansion of non-food retail offerings.
One of the company’s notable strategic developments was the expansion of Be Pharm, which broadened Shufersal’s exposure to health, beauty, and pharmaceutical retail categories. The company has also pursued investments related to supply-chain resilience and automation technologies to address competitive pricing pressures in the Israeli retail market. Shufersal’s private-label strategy remains an important component of its long-term positioning, allowing greater pricing flexibility and brand differentiation. Available public information indicates continued focus on e-commerce penetration and integrated consumer membership programs as growth drivers. Where market speculation exists regarding future acquisitions or restructuring initiatives, data remains inconclusive based on available public sources.
Geographic Footprint
Shufersal’s operational footprint is concentrated primarily in Israel, where it maintains a nationwide network of supermarkets, pharmacies, logistics facilities, and online fulfillment centers. The company’s headquarters are located in Rishon LeZion, Israel, and its retail presence spans major metropolitan areas as well as smaller regional communities. Its online delivery operations extend across a substantial portion of the Israeli consumer market.
Although Shufersal does not maintain a major international retail store presence, the company participates in global procurement and supplier networks through imported food products, consumer goods sourcing, and multinational brand partnerships. Its influence within the Israeli consumer economy is significant due to its scale, purchasing power, and nationwide distribution capabilities. Publicly available filings and market analyses consistently identify Shufersal as one of the dominant organized retail operators in the country.
Leadership & Governance
Shufersal operates under a publicly listed corporate governance structure subject to Israeli securities regulations and stock exchange reporting requirements. Leadership strategy has focused on operational efficiency, digital retail expansion, and strengthening customer loyalty ecosystems. Governance and executive direction have evolved in recent years alongside changes in board oversight and strategic priorities tied to competitive conditions in the Israeli retail market.
Key executives and leadership figures identified in recent public disclosures include:
- Ori Watermann – Chief Executive Officer
- Yitzhak Abercohen – Former Chief Executive Officer
- Nora Sterenfeld – Chief Financial Officer
- Amir Haskel – Chairman of the Board
Executive roles and board composition may change periodically based on company filings and regulatory disclosures. Recent governance updates should be verified against the latest SEC filings, Tel Aviv Stock Exchange disclosures, and company annual reports.