Its CEO Dan Githua said the branch, which brings the retailer’s total footprint to 64 in Kenya and Uganda, is part of a strategy to tap new revenue streams from under-served, high value urban locations.
He said that Tuskys Supermarkets and its latest subsidiary, Mavazi Lifestyle clothing stores are eyeing more locations in Nairobi and Mombasa hoping to increase their branches to 100 in the next three years.
Retail chain Tuskys has injected Sh150 million to open its newest branch in Nairobi’s Parklands’ Diamond Plaza II shopping complex.
Its CEO Dan Githua said the branch, which brings the retailer’s total footprint to 64 in Kenya and Uganda, is part of a strategy to tap new revenue streams from under-served, high value urban locations.
He said that Tuskys Supermarkets and its latest subsidiary, Mavazi Lifestyle clothing stores are eyeing more locations in Nairobi and Mombasa hoping to increase their branches to 100 in the next three years.
“We have stepped up our efforts to plug service availability in the high value regions in Nairobi and Mombasa. As part of these plans, we will be opening branches in Karen, Thika Road, Kitisuru and Kiambu Road environs,” said Mr Githua.
