date:May 13, 2014
e timing of the week-long Passover holiday, which occurred in the first quarter in 2013 but in the second quarter in 2014.
The company said that since the start of 2014 there has been a drop in food consumption in Israel. Israel's economy is expected to grow 3.1 percent this year, down from 3.3 percent in 2013.
Chief Executive Itzhak Aberkohen said these factors led to weak sales at the start of the year but that there has since been a certain recovery and improved sales.
Shufersal is control