[1] Founded in 1976 on Rehov Hashikma (Sycamore Street) in the Mahane Yehuda Market district, Rami Levy was Israel's first discount store.

[4] Shopping with his mother in the nearby Mahane Yehuda Market (the "shuk"), Levy came to the realisation that there were price differentials available to wholesalers, who preferred selling to retailers than dealing with individuals.

[10] There are currently 44 Rami Levy supermarkets,[19] located in several Jerusalem neighborhoods as well as in Afula, Akko, Ashdod, Ashkelon, Bat Yam, Beersheba, Beit Shemesh, Eilat, Hadera, Haifa, Holon, Kadima, Karmiel, Kastina, Kfar Saba, Kiryat Shmona, Lod, Mevasseret Zion, Modiin, Nesher, Netanya, Nahariya, Pardes Hanna, Petah Tikva, Ra'anana, Ramat Gan, Ramat Hahayal, Rehovot, Rishon LeZion, Rosh HaAyin, Tiberias, Yavne, and Zichron Yaakov.

For several months the PA attempted to discourage Arabs from shopping at Rami Levy supermarkets, culminating in an official boycott of the chain in September 2010.

[23] At the same time, there were concerns among some Orthodox Jews in the area regarding security and especially the issue of intermixing between the male Arab shelving staff and the female Jewish cashiers.

[25][26] The chain also includes an in-house store called Yafiz which stocks low-priced clothing and shoes for men, women, teens, children and infants.

When the identity of the competing bidder – Palestinian-American businessman Bashar Masri – was announced in the Israeli newspapers, nearly 77 percent[28] of bondholders voted to negotiate with the group of Jewish investors headed by Levy.

[30] The company previously announced in a 2010 statement to the Tel Aviv Stock Exchange that upon receiving this license, it would open a new subsidiary, Rami Levy Hashikma Marketing Communications Ltd., and sell advanced mobile telephone services in its supermarkets.

[1] On 12 February 2020, the United Nations published a database of companies doing business related in the West Bank, including East Jerusalem, as well as in the Golan Heights.

[34] Rami Levy Hashikma Marketing was listed on the database on account of its activities in Israeli settlements in these occupied territories,[35] which are considered illegal under international law.