• Another international player enters the Kenyan grocery retail market

    The takeover of supermarket chain Tumaini Self Service Ltd. by Sokoni Retail Kenya was approved by the Competition Authority of Kenya in December, adding to the list of international players (including Carrefour, Choppies and Shoprite) jostling for a piece of the local market. Sokoni Retail Kenya is an investment vehicle of private equity firm Adenia

    Categories: Retail & Shopping Malls - Kenya

  • Nairobi’s mall boom sets the stage for a fierce supermarket struggle

    The Waterfront mall opened in Nairobi on Jamhuri Day (Kenyan independence day – December 12th). With close to 18,600m² of GLA, the 20 hectare site boasts more than 1,000 parking spaces, a 14,000m² artificial lake and a 1.2km running and walking track. With these leisure facilities and regular cultural events, management are clearly hoping to

    Categories: Retail & Shopping Malls - Kenya

  • Starbucks franchisee puts the brakes on South African store growth

    Starbucks arrived in South Africa to great fanfare in 2016, but local franchisee Taste Holdings has now halted its rollout of new outlets. There are currently 12 Starbucks cafés in South Africa, up from ten at the beginning of the year. According to Taste Holdings, although its Starbucks’ store network “is profitable at an EBITDA

    Categories: Foodservice - SagaRetail News - Consumer - Retail & Shopping Malls - Kenya - Nigeria - South Africa

  • Decathlon sets up shop in Africa’s athletics superpower

    The French sportswear and sports equipment retailer has opened its first store in Kenya. The 1,500m² outlet, which the chain describes as a “flagship” store, is located at The Hub Karen mall in Nairobi. Decathlon has indicated that it is planning to open additional stores in the country. Famed for their prowess as distance runners,

    Categories: SagaRetail News - Retail & Shopping Malls - Kenya

  • Retail heavyweights go toe-to-toe in Kenya

    Shoprite, Africa’s largest grocery retail chain, today opened its first store in Kenya, located in the Westgate mall in central Nairobi. This brings the South African retailer into direct competition with Carrefour, which has an outlet in the nearby Sarit Centre, for the first time. With its dark colours, non-ceramic flooring, wooden shelving and wide

    Categories: SagaRetail News - Retail & Shopping Malls - Kenya

  • Carrefour adds clicks to its bricks

    Carrefour franchisee Majid Al Futtaim has signed an agreement with online retailer Jumia to offer online shopping in Kenya from the beginning of next year. Simultaneously, CFAO, the French retailer’s franchisee in Francophone West and Central Africa, will also sell its products on Jumia’s online platform in Cameroon, Côte d’ivoire, and Senegal. According to Frank

    Categories: SagaRetail News - Consumer - Retail & Shopping Malls - Cameroon - Cote d'Ivoire - Kenya - Senegal

  • Nakumatt and Uchumi continue their downward spirals

    A number of suppliers have joined Githunguri Dairy in filing for Kenyan supermarket chain Uchumi to be wound up, while rival Nakumatt is faring little better. More than 20 of Uchumi’s creditors are seeking to recover debts amounting to KES900 million (USD8.8 million). The retailer was also recently evicted from its headquarters in Nairobi Industrial

    Categories: SagaRetail News - Consumer - Retail & Shopping Malls - Kenya

  • Nairobi malls feel the squeeze

    There are growing signs of downward pressure on mall rents in the Kenyan capital, with a number of sitting tenants securing rent reductions and prospective tenants being offered rent holidays by landlords “Rental income has come slightly under pressure due to a temporary increase in vacancies, coupled with some tenants bargaining for reduced rentals upon

    Categories: SagaRetail News - Retail & Shopping Malls - Kenya

  • Mango loves Kenya

    During mid-October, Spanish fast-fashion retailer Mango took to LinkedIn to proclaim “Mango loves Kenya,” revealing that the brand is coming to Nairobi’s Westgate Mall. The store will have a GLA (gross leasable area) of 620m², which will make it the largest Mango outlet in sub-Saharan Africa. The store will adhere to Mango’s new interior design

    Categories: SagaRetail News - Retail & Shopping Malls - Kenya

  • Kenyan supermarkets aim higher

    With Nakumatt now a shadow of its former self SagaRetail news, rival supermarket chains like Naivas and Tuskys are taking over some of the anchor tenancies it has vacated in such high-end malls as Nairobi’s Capital Centre and seeking to appeal to more affluent consumers.

    Categories: Foodservice - SagaRetail News - Kenya