Bibi Tries To Woo Walmart To Israel
Graphic by Angelie Zaslavsky
JERUSALEM (JTA) — Israel is wooing Walmart.
Israel’s Prime Minister Benjamin Netanyahu spoke to senior Walmart Inc. executive John Furner at a meeting on the sidelines of the World Economic Forum in Davos, Switzerland, last month, Bloomberg reported, citing Netanyahu’s economic adviser Avi Simhon.
They reportedly discussed the idea of Walmart opening a retail branch in Israel and also of investing in Israeli technologies, Simhon told Bloomberg.
Simhon, who was present at the meeting, said that Netanyahu offered to “ease regulatory burdens wherever possible to make the market more accessible to them.”
In November reports surfaced that Amazon was in talks to lease at least 270,000 square feet of warehouses to set up a retail shipping center in Israel and also had plans to launch a targeted website for Israeli consumers.
This is a moment of great uncertainty. Here’s what you can do about it.
We hope you appreciated this article. Before you go, we’d like to ask you to please support the Forward’s independent Jewish news this Passover. All donations are being matched by the Forward Board - up to $100,000.
This is a moment of great uncertainty for the news media, for the Jewish people, and for our sacred democracy. It is a time of confusion and declining trust in public institutions. An era in which we need humans to report facts, conduct investigations that hold power to account, tell stories that matter and share honest discourse on all that divides us.
With no paywall or subscriptions, the Forward is entirely supported by readers like you. Every dollar you give this Passover is invested in the future of the Forward — and telling the American Jewish story fully and fairly.
The Forward doesn’t rely on funding from institutions like governments or your local Jewish federation. There are thousands of readers like you who give us $18 or $36 or $100 each month or year.
Support our mission to tell the Jewish story fully and fairly.
