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The firm which currently has over 70 branches has been ramping up expansion following the acquisition of a 30% minority stake worth Ksh6...
MARTIN SIELE
The supermarket has lately been unable to stock essential products like milk, bread, sugar and foodstuffs after suppliers stopped servicing orders over delayed...
BT Correspondent
Leading retail chain Quickmart is marking its 15 years in operation with a one-month celebration to reward customers with assorted incentives and prizes...
BT Correspondent
Shah had attached a number of his personal properties to secure credit lines for Nakumatt. Offered as security in 2011, the Lavington home...
MARTIN SIELE
he bank had 10 branches in Nairobi, Kisumu and Mombasa. Eight of these branches were located at branches of the erstwhile Nakumatt Supermarket...
BT Reporter
By the time the supermarket chain collapsed in January, it had racked up debts amounting to over Ksh30 billion - including Sh18 billion...
MARTIN SIELE
Nakumatt, which started off Nakuru Mattresses, had more than 60 outlets across Kenya, Uganda, Tanzania and Rwanda.
BT Reporter
BoA becomes the first lender to seize Mr. Shah's property while other creditors are still baying for his blood.
BT Reporter
The cash injection is expected to enhance Naivas’s expansion strategy that has seen it open 60 branches across the country.
BT Reporter
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![A Naivas supermarket outlet. The firm is ramping up expansion across the country. [Photo/ NMG]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2021/12/Naivas-Supermarket.jpeg?fit=680%2C453&ssl=1)
