KENYA – Ailing retailer Tuskys is facing a new auction at one of its remnant branches inside Nairobi’s Central Business…
Read MoreTuskys to lose largest asset yet through public auction over US$5.7m debt
Tag: Tuskys
Shoprite finalises sale of Nigerian operations, Kenyan retailer Tuskys seeks to lease brand
NIGERIA – Africa’s largest retailer, Shoprite Holdings, has officially transferred ownership of its Nigerian subsidiary to Ketron Investment Limited, a…
Read MoreCarrefour Kenya takes over Shoprite’s space at Garden City mall, opens 13th outlet
KENYA – Carrefour Kenya, has opened its 13th store in Kenya at the Garden City mall, taking over the space…
Read MoreNaivas, Cleanshelf open new branches in Nakuru, take over spaces of struggling Tuskys, Ukwala
KENYA – IFC backed Kenyan retailer Naivas Supermarket has opened its fourth store in Nakuru town, as local chain Cleanshelf…
Read MoreTuskys appoints its CFO Chadwick Okumu to be company’s interim Chief Executive Officer
KENYA – The struggling retailer, Tuskys Supermarket has appointed its chief financial officer (CFO) Chadwick Okumu as its interim Chief…
Read MoreTroubled Tuskys exists home town signifying end of an era
KENYA – Troubled Tuskys supermarket has exited Nakuru county, its birth place with the closure of the last branch. The…
Read MoreTuskys appoints former Uchumi finance boss as its new Chief Financial Officer
KENYA – Cash-strapped Kenyan retailer Tuskys Supermarket has tapped former Uchumi Chief Financial Officer Chadwick Omondi Okumu for its top…
Read MoreTuskys Supermarkets receives first tranche of US$18.4m credit facility from Mauritian fund
KENYA – Troubled Kenyan retailer, Tuskys Supermarket has announced that it has received the first tranche of the earlier announced…
Read MoreTuskys clinches US$18.4m rescue financing from Mauritius based fund
KENYA – The struggling retailer, Tusker Mattresses Limited has inked terms of agreement with an undisclosed Mauritius based fund, for…
Read MoreKenyan suppliers back Tuskys recovery plan with US$11m stock guarantee
KENYA – The struggling retailer, Tusker Mattresses Limited is undertaking a major comeback with the relaunch some of its closed…
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