Nakumatt Is Officially Dead, Funeral Arrangements Underway
Headlines
Some two years ago, when the giant retailer then, Nakumatt Supermarket started going through massive financial tribulations, Soko Directory published
By Juma
·Tag: Nakumatt
Nakumatt Mega Shuts Down In Kisumu As Employees Decry 3-Month Unpaid Salaries
Market News
2019 has been a dark year for most businesses evident from the huge numbers of retrenched and fired employees as
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Nakumatt Loses A Whopping 200 Million Shillings in one Night
Market News
The woes facing the ailing once giant retailer, Nakumatt, are far from over after the retailer lost a whooping 200
By Juma
·Nakumatt Likely to be Evicted by Another Landlord
Investment
Munga Holdings Company Limited is seeking a court order to evict Nakumatt from Ridgeways mall in Nairobi citing financial losses
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Kenya: Trends and Market Dynamics in the Retail Sector
Headlines
The Kenyan retail market is expected to demonstrate a promising year-on-year growth despite some players downscaling while others continue to
By David Indeje
·The Elephant is Dead: Is It Time to Stop Mourning and Conduct a Funeral?
Headlines
The once vibrant giant and the unbeatable elephant in the retailer sector in Kenya and East Africa, in general, seems
By Juma
·Arabian retailer, Souk Bazaar opens first store at NextGen Mall
Investment
Souk Bazaar, an Arabian retailer will set up its first store in the NextGen mall, previously occupied by Nakumatt. The
By David Indeje
·Nakumatt allowed to operate at The Junction Mall through court order
Investment
Nakumatt on Tuesday got a court reprieve after it issued an injunction order restraining The Junction Mall owners from interfering
By David Indeje
·Our eviction from Junction Mall was in ‘bad faith’ – Nakumatt
Market News
Ailing retailer Nakumatt has termed their eviction from the Junction Mall as one executed in ‘bad faith’ by its owners.
By David Indeje
·Nakumatt ‘Temporarily’ Closes its TRM Branch
Market News
Nakumatt supermarkets’ Thika Road Mall (TRM) branch has been “temporary” closed by the retail chain. This move comes barely a
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