- 5th September 2018
- Posted by: Bernat Llop
- Categories: SagaRetail News, Foodservice, Retail & Shopping Malls, Kenya
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 outlets, four of which are located in Nairobi.
Naivas and Shoprite are due to open stores in the spaces left vacant by Nakumatt in Mombasa, in Shoprite’s case by the end of this year. In July, Naivas chief operating officer Willy Kimani said that its new store in the city would be open by the end of September. This will be the family-run chain’s 47th store in total and its fourth in Mombasa. However, unlike some of Naivas’ other branches, the 2,500m² store in Mwembe Tayari Mall will not sell furniture.
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