Carrefour to replace Nakumatt as TRM anchor tenant

IMAGE: COURTESY

Carrefour is set to take over from troubled Nakumatt as the anchor tenant at Thika Road mall, its owners Majid Al Futtaim have announced.

This follows the exit of Nakumatt from the Mall last week, as it fights to clear off debt owed to suppliers among other lenders and landlords.
The Dubai based retail experts’ project to kick off their operations at the mall from next month.

It will cover two floors of the mall whose construction was completed in 2013, with the projection of starting having full operations on both floors by mid-2018.

The new hypermarket will be the third outlet bringing the total number of Carrefour stores operated by Majid Al Futtaim to 210 across 15 markets.

Expected to cater for the growing population segment residing in Roysambu and Kasarani and their surroundings, the hypermarket will cover over 5000 square metres selling area.

“With our expansion, we are collaborating with local manufacturers and farmers to sell their produce. We are looking to stock over 30,000 items at the hypermarket, including fresh produce, groceries, a fresh bakery, and a butchery, among other merchandise as we continue to deliver on creating great moments for everyone, every day.” Majid Al Futtaim Country Manager for Kenya Frank Moreau said.

Currently the retailer works with over 640 suppliers, local manufacturers, producers and farmers. Only one of the suppliers is foreign.

Opening of the new branch at TRM will boost the staff employment count at Carrefour in Kenya to 800, with 600 already working at the other two branches located at The Hub in Karen and the Two Rivers Mall.


editor@biznews.co.ke

About the Author

Muhatia
Muhatia is the Managing Editor of Biz News Media Reach him via editor@biznews.co.ke