Kenya
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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
13th December 2018
Categories: SagaRetail News - Retail & Shopping Malls - Kenya
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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
11th December 2018
Categories: SagaRetail News - Consumer - Retail & Shopping Malls - Cameroon - Cote d'Ivoire - Kenya - Senegal
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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
21st November 2018
Categories: SagaRetail News - Consumer - Retail & Shopping Malls - Kenya
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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
29th October 2018
Categories: SagaRetail News - Retail & Shopping Malls - Kenya
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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
26th October 2018
Categories: SagaRetail News - Retail & Shopping Malls - Kenya
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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.
5th October 2018
Categories: Foodservice - SagaRetail News - Kenya
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Nakumatt loses its last foothold in Mombasa to Naivas
Debt-laden Kenyan supermarket chain Nakumatt has exited the country’s second-largest city, forced out of its last branch in Mombasa after accumulating rent arrears of KES107 million (USD209,000) over 21 months. Earlier this year, it closed its other store in the city. Having once operates 64 supermarkets across three countries, Nakumatt now has a mere six
5th September 2018
Categories: Foodservice - SagaRetail News - Retail & Shopping Malls - Kenya
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Massmart to open six new Builders Warehouse outlets
South Africa-based Massmart has unveiled plans to open six new Builders Warehouse stores over the next two years.These stores will located in Kenya, Mozambique, Swaziland and Zambia.
5th September 2018
Categories: SagaRetail News - Retail & Shopping Malls - Construction & Real Estate - Kenya - Mozambique - Zambia
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Miniso’s mighty plans
Variety store chain Miniso, which sells inexpensive homewares and novelty items, is rapidly expanding its presence in African malls. It currently has stores in Egypt, Kenya, Madagascar, Morocco, Nigeria, South Africa and Tanzania and big expansion plans.
4th September 2018
Categories: SagaRetail News - Consumer - Egypt - Retail & Shopping Malls - Distributors - Kenya - Morocco - Nigeria - South Africa
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Carrefour doubles its Kenyan sales
Majid Al Futtaim, French retailer Carrefour’s exclusive franchisee in Kenya, recorded a 143% increase in its turnover in the Kenyan market during the first six months of 2018.
3rd September 2018
Categories: Foodservice - SagaRetail News - Retail & Shopping Malls - Kenya