South African retailer Shoprite has taken over space which was vacated by Nakumatt supermarkets at Westgate Mall in Nairobi, becoming the anchor tenant at the shopping complex. The Shoprite store…

French retailer Carrefour will open its sixth store at Galleria Shopping Mall in July taking up space previously occupied by struggling retailer Nakumatt. Carrefour, which entered the Kenyan market in…

Majid Al Futtaim has announced plans to open its fifth Carrefour hypermarket in Kenya. The new hypermarket will be located at the ground floor of one of Kenya’s most strategic…

Nakumatt’s court-appointed administrator Peter Obondo Kahi has taken over management of the struggling retailer, which will now be shielded from its creditors in the short term as it tries to…

All Indications point to a booming retail sector in Kenya. This is after French retailer Carrefour recorded Sh1.54 billion in revenues in the first seven months of operations in Kenya…

Brookside, New KCC, Redstar International, Kisima Management Limited, Kenindia Insurance, Lemoc Limited, Kevian, Haco Industries are just some of the companies that will have a hard time following up on…

Majid Al Futtaim, is set to open its third Carrefour store tomorrow, signalling commitment to the growth and expansion of its footprint in Kenya. Carrefour replaces Nakumatt Supermarket that was…

GC Retail, owner of Garden City is the latest landlord to ask high court to allow it to repossess the space Nakumatt occupies over unpaid rent, service charges and utilities…

After Nakumatt shutdown its Thika Road Mall (TRM) branch, last month barely a month after closing its outlet at the NextGen Mall on Mombasa Road after just nine months of…

Nakumatt plan to introduce the multi-currency  MasterCard prepaid cards in Kenya . The existing Nakumatt Cybercash loyalty card will be replaced with the Nakumatt Global MasterCard Prepaid card, allowing customers…