Hamashbir Lazarchan

Hamashbir Lazarchan (Hebrew: המשביר לצרכן) is an Israeli chain of department stores.

[3] The original Hamashbir was set up with the goal of supplying the Jewish communities of Palestine with food at affordable prices during the terrible shortage years of the First World War.

[1] In 2003, Rami Shavit and a group of investors acquired the department store chain, operating the company under the new name, New Hamashbir Lazarchan Ltd.[1][2] In 2007, the company went public on the Tel Aviv Stock Exchange with a NIS 6.6 million stock offering and bonds valued at NIS 50 million.

[2] In 2011, a new branch of Hamashbir opened at Zion Square in Jerusalem.

[4] The building was designed by Jerusalem architect Amazia Aaronson.

Seven-story Hamashbir store at Zion Square .