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Interview Tip
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Blue Square CEO expects 50 percent of sales from buyers clubs: The supermarket chain reported a dip in revenue in its financial report for the third quarter. [Globes, Tel Aviv, Israel](25 Nov 2009 15:38:00 EST)Nov. 25--Alon Israel Oil Company Ltd. subsidiary Blue Square Israel Ltd., Israel's second largest supermarket chain, has been hit by the recession and tougher competition that it caused. The NIS 13.8 million tax benefit gave Blue Square a net profit of NIS 29.6 million for the third quarter, 286 percent more than the NSI 12 million for the corresponding quarter of 2008.
