Carrefour sales up 143 per cent in first six months

Majid Al Futtaims’s Jean Yves Genies congratulates Rueben Muna and Sandra Nduari (right) who won in a Carrefour promotion at The Hub in Karen. FILE PHOTO | NMG

Majid Al Futtaim, the exclusive holder of French retailer Carrefour’s franchise in Kenya, has recorded a 143 per cent jump in turnover in the first six months of the year, riding on accelerated expansion of the supermarket chain in Nairobi.

The Dubai-based conglomerate which opened its first store in Nairobi in 2016 made public its Kenya half-year sales in a newly-released financial report that cited Nairobi as one its strongest growth markets.

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Note: The results are not exact but very close to the actual.