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Majid Al Futtaim, the parent company for Carrefour, has inked a lease deal with Shoprite Checkers Uganda Limited (Shoprite Uganda) to acquire Shoprite’s...
BT Reporter
The mall saw a decline in its fortunes in 2020 after anchor tenant Shoprite terminated their 10-year lease agreement in July after less...
BUSINESS TODAY
The retailer's strategy outside South Africa has not worked as planned as espoused by the fact that it exited the Nigerian market in...
Samuel Gitonga
This is the second branch the retailer is closing in less than five months
Samuel Gitonga
South African retail chain says it has declined some sites as it feel rentals are too high, adding landlords are having a field...
BT Correspondent
A strategy to buy into local retailers or take up space left by financially stressed locally retailers have worked for the foreigners, according...
XINHUA
More exotic names are replacing local brands like Uchumi, Ukwala, Nakumatt and Tuskys in Kenya's capital city and as things start, strategy and...
BUSINESS TODAY
South African retail giant, which plans to open seven stores in the country, will occupy space vacated by the troubled Nakumatt in October...
BT Reporter
It took advantage of chaos in the Kenyan retail market that begun last year to secure seven sites and leases in East Africa's...
REUTERS
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