Choppies sells assets in Kenya’s shut operations to finance debt

KENYA – Botswana based retailer, Choppies supermarket has put up for sale its retail equipment and property in Kenya weeks after scaling down local stores from more than 15 to two. The retailer, which did […]

Choppies exits South Africa with sale of stores to King Investments

SOUTH AFRICA – Choppies Group has offloaded its South Africa stores and distribution centres to King Investments following the launch of open bids for its 88 stores in October to settle its outstanding debt. In […]

Choppies opens bid for its South African assets in refinancing plan

SOUTH AFRICA – Choppies Enterprise has opened bids for its 88 stores in South Africa to settle its outstanding debt until the 28th of this month to expedite the sale process. In August the Botswana […]

Botswana retailer Choppies Supermarket closes branch in Kenya

KENYA – Botswana headquarters retailer, Choppies Supermarkets, has closed one of its outlet in Kenya, despite the retailers ambitious expansion plan in the rapid growing retail sector. The Bungoma unit in Western Kenya was closed […]