French retailer Carrefour recorded Sh1.54 billion in revenues in the first seven months of operations in Kenya from its maiden store, offering an insight into firm’s performance as it continues its expansion in the local market.
Majid Al Futtaim, the Carrefour exclusive franchise holder in Kenya and 37 other countries, says its store at Nairobi’s The Hub Karen mall made 54.8 million United Arab Emirates dirhams (Sh1.54 billion) between May and December 2016.
