Companies

Nakumatt opens 12th westore acquired from Yako Ltd

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Nakumatt Holdings Director Thiagarajan Ramamurthy (partly hidden seated on right) serves Busia Governor Sospeter Ojaamong at the opening of a Nakumatt store in Busia. The county government has lost Sh40 million in uncollected revenue in the last three months. PHOTO | COURTESY

Nakumatt Supermarkets has opened the twelfth Western Kenya store in Kakamega town, completing the remodelling of the three supermarkets acquired from Yako Ltd.

The other two stores bought from Yako Ltd in Busia and Bungoma are already operational.

The acquisition and remodelling of the three stores cost Sh260 million.

Opening of Nakumatt Midtown branch adds to the retail chain’s branch network as it strives to stay ahead of fierce competitors Tuskys, Naivas and Uchumi.

“With the opening of Nakumatt Midtown, Nakumatt, has managed to significantly raise its market presence in the West Kenya region,” the retailer said in a statement.

“Nakumatt, now features, 12 stores in nine west Kenya counties (Busia, Bungoma, Kitale, Kakamega, Kericho, Kitale, Kisumu, Kisii, Uasin Gishu and Nakuru).”

This is the second Nakumatt store in Kakamega where it has been operating a supermarket at Holden Mall.

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