Auctioneers have failed to find a suitable buyer for the home repossessed from former chief executive officer of Nakumatt Supermarket, Atul Shah over a Sh2 billion debt owed to Kenya Commercial Bank Group. The high-end home located in Nairobi’s Lavington was put up for sale in July, nearly three months after the High Court threw […]
Former East Africa leading retail shop Nakumatt has closed down one of its only remaining 6 stores. The Mega City Branch in Kisumu was yesterday closed indefinitely and employees who had no prior information about the closure were slapped with the devastating news via a notice had been displayed on the doors. The closure of […]
Choppies supermarket has shut down its Kiambu town branch just days after the retailer closed the Bungoma outlet. The Botswana owned retail stores were closed owing to stock shortage and debts. The Kiambu Mall developer in 2017 picked Choppies as the anchor tenant dropping also collapsing former market giants Nakumatt Supermarkets. The developer said that […]
