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NAKUMATT NEWS ON FASTMOVING
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Kenyan retailers eye festive season20/11/2013 - 11:43
Kenya's top three retail chains, Nakumatt, Tuskys and Uchumi are set to open new stores in strategic locations across the country in time for the December festive season's shopping boom. - See more at: http://www.the-star.co.ke/news/article-143934/retailers-eye-festive-season-outlets#sthash.zmujr6bV.dpuf read more
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Commercial space rent doubles in Nakuru town, boosted by retail chains01/11/2013 - 08:27
Construction of commercial space is turning out a lucrative venture for landlords in Nakuru as letting prices appreciate. Prices have doubled from Sh20-30 per square foot a month three years ago to Sh60-70 per square foot, a spot check by the Star reveals. read more
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Nakumatt eyeing East Africa's hospitality sector18/10/2013 - 08:47
Nakumatt is targeting new sales within the hospitality industry by offering select label products like furnishings, decorative accessories, bath towels, bed and table linen. according to the supermarket chain's business development manager Neel Shah. read more
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Nakumatt bears brunt of Westgate attacks, Kenya04/10/2013 - 12:25
Last week’s Nairobi’s Westgate Mall attacks had hammered Kenya’s general retailer, Nakumatt, one of Africa’s most home-based business triumphs, according to the Wall Street Journal (WSJ). read more
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Nakumatt to invest Sh1.2 billion under new strategy03/09/2013 - 08:16
Nakumatt Holdings has announced plans to pursue a departmental store development project at an investment cost of Sh1.2 billion. The strategy, which will involve the construction of several brand aligned concept stores, will be executed concurrently with an on-going branch expansion strategy across the region. read more
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Retailer Nakumatt Seeks Foreign Investment For $14m East Africa Expansion30/07/2013 - 08:51
VENTURES AFRICA – Nakumatt Holdings Ltd, a Kenyan supermarket chain, has began talks to sell almost a quarter of its shares to foreign investors to aide its expansion plans across East Africa. read more
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Kenyan retail sector seen as a key economic driver03/07/2013 - 13:55
The wholesale and retail sector is showing great promise as a key economic driver after recording good performance last year, the 2013 Economic Survey shows. - See more at: http://www.the-star.co.ke/news/article-121948/retail-sector-seen-key-economic-driver#sthash.nKR7ThJZ.dpuf read more
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Kenya: Nakumatt’s portable retail stores target events in remote locations10/05/2013 - 09:40
Nakumatt’s stores on wheels targets outdoor events Regional retailer, Nakumatt Holdings has announced plans to introduce a containerised mini retail stores. The outlets will provide shopping solutions during key events in remote locations. read more
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Nakumatt plans to raise $50m for East African expansion15/04/2013 - 09:30
Nakumatt Holdings Ltd. on Friday said it wants to raise $50 million for its East African expansion. read more
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Nakumatt opens 40th branch in Thika, Kenya15/03/2013 - 10:52
NAIROBI, Kenya, Feb 23 – Nakumatt Holdings says it has attained its midterm corporate expansion goal, with the opening of its 40th branch in Thika town. read more
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South Africa retail chain to open first outlet in Kenya soon10/01/2013 - 10:06
Game Africa, a South African retail chain, is set to open its first outlet in Kenya, intensifying competition in the retail sector. read more
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Kenya: Nakumatt Opens Another Branch in Uganda19/11/2012 - 10:10
Nairobi — Retailer Nakumatt Holdings increased its regional footprint with the opening of its 37th branch in the Western Uganda town of Mbarara. read more
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Kenya: Homegrown retailers gearing for duel with South African giants06/03/2012 - 08:57
Kenyan retail chains that have gone aggressive in their regional expansions are expected to meet stiff competition from South African retailers such as Massmart, Shoprite, Pick n Pay and Spar. read more
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