Shoprite Replaces Kenyan Retailer Nakumatt at Ugandan Mall

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Shoprite, South Africa-based retail conglomerate, has occupied the space previously occupied by Nakumatt at Acacia Mall.

This comes two months after the Kenyan retailer issued a statement announcing closure its major outlets at Acacia Mall-Kololo, Village Mall-Bugolobi and Victoria Mall-Entebbe, Business Daily reported.

“We have now achieved 64 consecutive quarters of like-for-like sales growth. Our latest results are proof that the Group is healthy and able to thrive across multiple brands and countries, notwithstanding the headwinds” according to Mr Pieter Engelbrecht, the chief executive officer.

Shoprite operates 2,689 outlets in 15 countries across Africa and the Indian Ocean Islands which consist of 613 Shoprite supermarkets as well as over 500 subsidiary stores across the globe.

The Shoprite Group serves more than 35 million customers in Africa.

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