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₪50m Debt Hits KFC Israel
The company operating 12 KFC branches in Israel is facing debts of about 50 million shekels ($16.04 million), amid declining sales and rising operating and rental costs since the war broke out on October 7, 2023. The company closed eight branches during 2025, after its total had fallen from about 20 in 2024. Its business has been hit by a decline in customers, tourism and spending, as well as restrictions on advertising campaigns and difficulties securing financing. The company asked the court to freeze legal proceedings and appoint a temporary trustee to keep the remaining branches operating and examine a restructuring of its business. The request does not mean that a bankruptcy ruling has been issued or that all branches will close.
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