Supermarket chain Shupersal reported an 18 percent drop in profits in 2011 on Monday.
The chain controlled by businessman Nochi Dankner reported profits of NIS 276 million in 2011, a considerable drop from the profits of NIS 335 million in 2010.The drop in profits came despite NIS 11.6 billion in sales in 2011, a four percent rise over the previous year.
