Wednesday, August 10, 2022

Uchumi Supermarket set to close two of its branches.

Uchumi Supermarket is planning to close two of its branches in Capital Centre Mall and Jipange(Ruaraka) and seek space at more profitable locations.

The retailerĀ  has been in Jipange branch for over five years and in Capital Centre Mall for over two decades.Lately the retailerĀ has been looking for an equity investor to bail them out,said they will close two of its low performing branches when there lease expires next week Wednesday.

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Uchumi has lately been facing stiff competition from its competitors as well as financial difficulties that is forcing them to close the two branches.

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Slavian Mwangecho
Passionate blogger on a day to day activities happening in Kenya, Africa and around the world. A keen follower of the latest news making headlines around the world

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