Kenya’s retailer Ukwala mulls exiting business over unpaid debts
KENYA – Kenya retailer, Ukwala Supermarkets has applied to the court for the permanent closure…
KENYA – Kenya retailer, Ukwala Supermarkets has applied to the court for the permanent closure…
KENYA – Retail chain Nakumatt has suffered about US$178 million in a fraud, which the…
KENYA – South African retailer Shoprite will take up the Westgate and Garden City; as…
KENYA – Troubled retailer Nakumatt has embarked on a massive layoffs plan targeting 800 employees…
KENYA – Nakumatt Holdings Administrator Peter Kahi has announced the appointment of Tusker Mattresses Limited…
KENYA – Carrefour, one of the largest hypermarket chains in the world, has opened its fourth outlet…
KENYA – The competition regulator has rejected retail chain Tuskys’ proposed merger with troubled Nakumatt…
KENYA – Botswana’s Choppies plans to open between 20 and 25 branches in Kenya, as it races to take…
KENYA – The competition watchdog is investigating a deal in which supermarkets chain Tuskys is…
KENYA – Uchumi Supermarkets has appointed ex-Tesco executive Andrew Dixon as chief operating officer (COO)…
KENYA – Kenya’s retail sector is still among the most attractive for long-term investors in…
KENYA – The battle to save Nakumatt Supermarkets yesterday took a new turn after rival…
KENYA – Shoprite Holdings Ltd. is in talks to open its first stores in Kenya by…
KENYA – Nakumatt Supermarket has closed its Arusha branch in Tanzania, the latest in a…
KENYA – Tuskys Supermarkets will take up a 51 per cent stake in troubled Nakumatt…
KENYA – More job losses are looming at troubled supermarket chain Nakumatt after the retailer…
KENYA – The former executive of British retail giant Tesco, Andrew Dixon has left the…
KENYA – Struggling Nakumatt Supermarket has announced the closure of its Westgate branch, as the…
KENYA – French retailer Carrefour will next month take over Nairobi’s Thika Road Mall (TRM)…
KENYA – Regional retailer Nakumatt and its competitor Tuskys could list on the Nairobi Securities…
KENYA – Tuskys Supermarket chief executive Dan Githua has said the proposed merger with Nakumatt will see the two retail chains operate under one management with the owner-families remaining the principal shareholders after the transaction.
KENYA – Troubled retail chain Nakumatt’s proposed merger with rival Tuskys Supermarkets was yesterday facing a major regulatory hurdle after it emerged that the two top retailers had not sought the competition watchdog’s approval as required by law.
KENYA – Naivas and Carrefour supermarkets are front-runners to take over space vacated by the troubled Nakumatt Holdings at the Thika Road Mall (TRM).
KENYA – Troubled Nakumatt Supermarket has turned to Tuskys in bid to rescue its dwindling…