Steimatzky is the oldest and largest bookstore chain in Israel.
| FactSnippet No. 1,647,043 |
13 Facts About Steimatzky
3.
Steimatzky had originally come to the British Mandate of Palestine on a short visit for the opening of the Hebrew University of Jerusalem and decided to stay after he saw the potential in opening a foreign language bookstore that would serve a growing immigrants' market as well as British Army soldiers serving under the British Mandate.
| FactSnippet No. 1,647,045 |
4.
In 1927 Steimatzky saw the potential for expansion throughout the Middle East and opened a store in Beirut.
| FactSnippet No. 1,647,046 |
5.
In 1995 the Steimatzky company purchased the Sifri chain with seven stores.
| FactSnippet No. 1,647,047 |
6.
In 2006, Steimatzky operated stores in 68 cities in Israel as well as in London and Los Angeles.
| FactSnippet No. 1,647,048 |
7.
In September 2007, Eri Steimatzky announced his retirement from the chain, leaving the company in the hands of Markstone Capital.
| FactSnippet No. 1,647,049 |
8.
In 2010 Steimatzky operated over 160 stores across Israel in various formats.
| FactSnippet No. 1,647,050 |
9.
In June 2014 Steimatzky was acquired by a group of investors led by G Yafit.
| FactSnippet No. 1,647,051 |
10.
Steimatzky reduced its number of branches to 140, Tzomet Sfarim upped to 96.
| FactSnippet No. 1,647,052 |
11.
Steimatzky was unchanged on 1 October 2018 and down to 136 on 22 November 2020.
| FactSnippet No. 1,647,053 |
12.
Early 2018, the headquarters and logistical center of Steimatzky moved from Kiryat Aryeh in Petach Tikva to the Lev HaAretz industrial area in Kafr Qasim.
| FactSnippet No. 1,647,054 |
13.
Since 2020, the website of Steimatzky sells a wide range of consumer products including shoes, perfumes, home appliances, and electronics.
| FactSnippet No. 1,647,055 |