Uchumi Supermarkets

13 Articles
FEATURED STORY

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

FEATURED STORY

Uchumi reaches deal with landlord over rent arrears

Acting CEO Mohamed Mohamed says retail chain has not received any auctioning proclamation from Kenya National Trading Corporation

FEATURED STORY

Directors flee troubled Uchumi

Mr Loius Otieno and Ms Margaret Mwarey Kositany have opted not to offer themselves for re-election during retail chain's AGM, which has now...

FEATURED STORY

Uchumi shuts two outlets in cost-cutting move

Retailer says move is a consumer and market informed decision incorporated into its strategy to restore the company back to profitability