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Last Updated: Thursday, October 1, 2026 at 08:11 PM
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Haifa stores persevere amid rocket attacks

Economic impact is exactly what Hezbollah wants. Their rockets may be small, but the effect on commerce isn’t. By CNBC's Carl Quintanilla

The rocket did not discriminate. One 50-pound warhead hit the post office in Hafia, wounding at least fifteen and sending shrapnel inside the barber shop owned by Ronen Kanfi. 

Kanfi can’t afford to close his shop. He has two kids, mortgage payments, and is going through a divorce.

Since the attacks began, his business is down 80 percent, as residents forgo haircuts and either leave the city or hide.  Even the mayor of Haifa is telling residents to stay indoors, and carries a piece of shrapnel in his pocket to prove the pint.

Economic impact is exactly what Hezbollah wants. Their rockets may be small, but the effect on commerce isn’t. Hours after the attack, as the city cleans the street, the sirens sound again.

As the sirens stop after ten minutes, people begin to come out of the shelters. But, this neighborhood is still vulnerable. When Hezbollah hits a target, they try again without moving the launcher – aiming for the same spot.

Before the day is over, businesses on this block, like Hadar Pharmacy, will have to put up new glass. But, they’ve been been closed for a week.

Ronen Kanfi will reopen on Saturday, praying for peace. Whether he stays in business will depend on the likelihood of that peace, on one city’s willingness to brace the rockets that rain down.