Nakumatt Whittles Down Number of Stores in Nairobi
The cash-strapped retailer has operated six branches in the central business district but is now left with only two outlets.
Nairobi News, 28 December 2017
Financially crippled Nakumatt supermarket risks losing its once dominant presence within Nairobi's Central Business District (CBD) following the recent closure of Lifestyle branch. Read more »
Employees and bystanders mill around the entrances to Nakumatt Lifestyle branch on Hazina Towers in Nairobi after it was shutdown on December 22, 2017 over unpaid rent arrears.
Nairobi News, 23 December 2017
Cash-strapped retail chain, Nakumatt Supermarkets has suffered a major blow with the eviction from its Lifestyle branch, one of its biggest outlets. Read more »
Nation, 21 December 2017
Troubled supermarket chain Nakumatt Holdings suffered yet another blow Wednesday after a law firm that has been representing it in court pulled out of the cases. Read more »
The struggling retailer has shutdown a third outlet after getting evicted from a building in Moshi for failure to pay rent for over a year. The retailer's financial woes have ... Read more »
The Competition Authority of Kenya has said that internal wrangling between the shareholders of Tuskys, the company that offered to save Nakumatt, East Africa's biggest supermarket ... Read more »
Tusker Mattresses Limited has confirmed plans to aid the recovery of Nakumatt Holdings through a strategic restocking programme after Nakumatt began experiencing financial ... Read more »