Nakumatt surrenders prime branches

Nakumatt Mega Supermarket on Uhuru Highway in Nairobi. FILE PHOTO | NMG 

Troubled retailer Nakumatt has given up the fight to retain four of its outlets and opened handover talks with six others in a move that signals a further shrinking of the once vibrant supermarket chain.

Nakumatt on Thursday told High Court Judge Mary Kasango that it has surrendered Galleria Mall, Kakamega-based Holden Investments (Holdent Mall), the Eldoret premises leased from Kenindia as well as its Karen Cross Road branch.

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