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Carrefour seeks protection from rivals in two malls

Carrefour official Jean Yves Genies (right) with customers during celebrations to mark their first anniversary in Kenya in May 2017. PHOTO | SALATON NJAU

By  MUTHOKI MUMO

Failure to gain regulatory approval for exclusive occupancy in the malls where it operates could affect expansion plans of retail giant Carrefour.

Majid Al Futtaim Hypermarkets, which has the local franchise for the French Carrefour brand, has applied to the Competition Authority of Kenya (CAK) seeking to protect itself from rivals in two malls where it has outlets.

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