Foodservice
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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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Small retailers seek government protection from supermarket competition in Senegal
During July, a group of traditional retailers attempted to initiate a boycott of French supermarket chain Auchan’s stores in Senegal under the banner “Auchan dégage” (Auchan out!). They claim that Auchan’s rapid expansion will put them out of business.
5th September 2018
Categories: Foodservice - SagaRetail News - Consumer - Retail & Shopping Malls - Senegal
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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
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Yum! Brands expands its restaurant chains in Africa
KFC has arrived in Côte d’Ivoire, opening its first outlet in Abidjan during April. Meanwhile, another subsidiary of Yum! Brands, Pizza Hut, has entered the Tanzanian market, opening a restaurant in Dar Es Salaam. But not everyone is happy about the spread of fast food in Africa. Speaking to the New York Times newspaper in November
27th June 2018
Categories: Foodservice - SagaRetail News - Consumer - Retail & Shopping Malls - Ghana - Corporate news - Cote d'Ivoire - Tanzania - Ivory Coast