Kenya
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Tuskys talks up its growth prospects, but can it deliver?
Kenyan supermarket chain Tuskys plans to grow its store network by franchising its banner to independent retailers and opening more outlets in Shell service stations. Already the largest grocery retailer in East Africa (at least in terms of store numbers) since the precipitous decline of Nakumatt, Tuskys currently operates more than 70 outlets in Kenya
14th August 2019
Categories: SagaRetail News - Retail & Shopping Malls - Kenya - Uganda
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Chinese gadget maker’s first SSA store an instant hit in Nairobi
Chinese technology company Xiaomi, best known for its Mi smartphones and laptops, opened a Mi Home store in the Hub mall in Karen last week – its first outlet in sub-Saharan Africa. Apart from smartphones, the outlet, which bears more than a passing resemblance to an Apple Store, sells everything from rice cookers to robotic
22nd July 2019
Categories: SagaRetail News - Retail & Shopping Malls - Kenya
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Prosuma’s new foodservice concept reflects growing popularity of deli counters in African supermarkets
During early July, Ivorian grocery chain Prosuma launched Snack & Go in the Casino 2 Plateau mall in Abidjan. A stand-alone venue selling such fare as sandwiches, pizza slices, soft drinks, and fresh juices, Snack & Go is a hybrid deli/fast-food concept and natural extension of the deli counters and in-store cafés that Prosuma already
15th July 2019
Categories: Foodservice - Retail & Shopping Malls - Cote d'Ivoire - Kenya
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KFC franchisee Kuku Foods partners with Vivo Energy
Vivo Energy, which operates Shell service stations across Africa, and KFC franchisee Kuku Foods East Africa Holdings have formed a 50:50 joint venture “to accelerate the roll out of KFC restaurants in Kenya, Uganda, and Rwanda.” The first KFC in East Africa opened during 2011, and there are currently 22 in Kenya and eight in
27th June 2019
Categories: Foodservice - SagaRetail News - Kenya - Rwanda - Uganda
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Jumia’s losses narrow on strong sales growth
Gross merchandise volume (GMV) at Africa-focused internet retailer Jumia, which floated on the NYSE two months ago, stood at €240 million during the first three months of 2019, up 58% year-on-year. GMV is the total value of merchandise sold through its marketplace, including third-party sales. Adjusted EBITDA loss as a percentage of GMV narrowed from 19.8%
13th June 2019
Categories: SagaRetail News - Egypt - Retail & Shopping Malls - Cote d'Ivoire - Kenya - Nigeria
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Choppies boardroom coup fuels nervousness among suppliers
Mired in an accounting scandal, supermarket chain Choppies suspended CEO Ramachandran Ottapathu last week, but this move does not seem to have gone done well with some of its suppliers, amid media reports of empty shelves in some of its outlets. Botswana-based Choppies operates around 250 stores across eight sub-Saharan countries, and Ottapathu, who has
28th May 2019
Categories: SagaRetail News - Retail & Shopping Malls - Botswana - Kenya
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Rwandan café chain Brioche opens “on-the-go” outlets in service stations
Rwandan café chain Brioche has partnered with Société Pétrolière Ltd (SP) to create a coffee shop concept for the latter’s chain of service stations. Brioche currently operates four outlets in the capital Kigali, as well as two in Nairobi. The first two of these franchised outlets have opened at SP’s Nyarugenge and Gikondo outlets. According
23rd May 2019
Categories: Foodservice - SagaRetail News - Retail & Shopping Malls - Kenya - Rwanda
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MAF sees Kenyan Carrefour sales soar and eyes new markets
UAE-based Carrefour franchisee Majid Al Futtaim (MAF) saw its Kenyan sales rise by 71% during 2018, to AED506 million (USD137.8 million). MAF currently operates seven stores (six hypermarkets and one supermarket) in Nairobi. Nairobi’s eighth Carrefour store (another hypermarket) is due to open later this year in the premises formerly occupied by Nakumatt along the
9th April 2019
Categories: Egypt - Retail & Shopping Malls - Kenya - Uganda - South Africa
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Ghanian healthcare upstart to acquire Kenyan pharmacy chain
Ghanaian start-up mPharma is set to gain a controlling interest in Kenyan pharmacy chain Haltons in an unusual deal – fledgling startups are usually acquired by established businesses, rather than vice-versa. Halton’s was founded in 2007 and currently operates around a dozen outlets, most of which are located in Nairobi. Founded in 2013, mPharma aims
4th April 2019
Categories: SagaRetail News - Ghana - Pharmaceuticals - Kenya
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Vivo Energy accelerates its drive into non-fuel retail
Vivo Energy, which is based in the Netherlands and (following its recent 2019 takeover of Engen) now operates more than 2,000 service stations in 23 African countries, continues to expand its presence in non-fuel retail. During the first half of 2018, non-fuel retail accounted for 5% of its gross cash profit (USD10.9 million, up 22%
18th March 2019
Categories: SagaRetail News - Retail & Shopping Malls - Ghana - Kenya - Morocco - Namibia