Naivas opened a new outlet in Juja City Mall, in a space that was previously occupied by Tuskys
The retailer is aiming at raising its footprint in the Kenyan retail market amid stiff competition
The expansion plans come weeks after Game Store said it was quitting the Kenyan market
Naivas Supermarket will increase its footprint in Nairobi’s City Centre, after taking over Uchumi Supermarket’s previous space along Aga Khan Walk. The retailer is set to open two new stores. Photo: Naivas Supermarket. Source: Twitter The retailer said it is also intending to open a new store in Malindi Mall, taking up space that was previously occupied by Nakumatt Supermarket, a franchise that has since collapsed.
The two stores, which will be opened next month, will help the retailer reach a total of 78 outlets across the country, according to Business Daily .
The announcement comes a week after Naivas opened a new outlet in Juja City Mall, taking up 37,000 Square Feet of prime retail space that was previously occupied by Tuskys Supermarket.
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The retailer has been on an expansion spree to maintain retail market dominance in the country.
Analysts from Cytonn Investment said early this month that the retailer is aiming at increasing its footprint in the Kenyan retail market amid stiff competition in the local scene. Quickmart spreading roots
Quickmart, for instance, has more than 40 stores already and plans on launching more branches in the near term.
Giant retailer Majid al Futtaim, which operates the Carrefour franchise in Kenya, recently opened a new outlet at the Southfield Mall in Embakasi Nairobi, taking up about 32,000 SQFT of retail space on two floors previously occupied by Choppies Supermarket.Carrefour now has 14 outlets, with 12 being within Nairobi county and two in Mombasa county .With the new store, Carrefour said it is expected to serve the residents of Imara Daima, Nyayo Estate and Syokimau with plans to transform into a hypermarket by December 2021.The company is also planning on opening two new stores in Kisumu’s United Mall and Mega City in spaces previously occupied by troubled Nakumatt and Tuskys supermarkets, respectively. Exit from the market The expansion plans come weeks after South African retailer Game Store announced it was quitting the Kenyan market, after five years of operations.As previously […]