Tag: Choppies

Retail Curse? Another Supermarket On The Brink Of Collapse

The supermarket has lately been unable to stock essential products like milk, bread, sugar and foodstuffs after suppliers stopped servicing orders over delayed payments.

Choppies Accounts Frozen in Sh173 Million Tax Dispute

Kenya Revenue Authority adduced evidence in court to show that Choppies has already sold its branches, assets and stocks.

Shoprite opens first store in Kenya, decries high rental costs

South African retail chain says it has declined some sites as it feel rentals are too high, adding landlords are having a field day playing each off against each other

Struggling Uchumi needs Sh4b urgently, CEO reveals

He reveals the supermarket chain's management is following different channels to secure Ksh 7 billion of financing but declined to name potential suitors

How foreign retailers are winning over Kenyans’ hearts

A strategy to buy into local retailers or take up space left by financially stressed locally retailers have worked for the foreigners, according to analysts

Foreign retailers take over Nairobi

More exotic names are replacing local brands like Uchumi, Ukwala, Nakumatt and Tuskys in Kenya's capital city and as things start, strategy and innovation would be key to survival