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Nakumatt Lifestyle closure signals exit from Nairobi CBD
The closed Nakumatt Lifestyle branch after National Social Security Fund shut down the store at Hazina Towers in Nairobi over rent arrears. photo | salaton njau | nmg
The closure of Nakumatt’s flagship Lifestyle branch has left the retailer holding onto just one outlet in Nairobi’s central business district (CBD), marking yet another low for the financially troubled supermarket chain.
Nakumatt was given marching orders from the Lifestyle branch on Friday, while the Business Daily has learnt that its Development House outlet on Moi Avenue has already been taken over by a rival retailer.