Nakumatt opens hyperstore in Eldoret

March 16, 2010
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, ELDORET, Kenya, Mar 16 – Nakumatt Holdings has opened another superstore in Eldoret.

The opening of the new ultra modern 24-hour service Nakumatt Eldoret Hypermarket brings the branch tally of 25 outlets across East Africa.

The 75,000 square foot Nakumatt Eldoret Hyper located at the new Eldo Centre has been unveiled to complement the former 24-Hour Nakumatt Household supermarket which now reverts to normal supermarket working hours of 8.30am-8.30pm.

With a total of 25 operational outlets in Kenya, Uganda and Rwanda, Nakumatt Holdings now has nine hypermarkets, 14 supermarkets and 2 convenience stores.

Speaking in Eldoret during the formal opening of the store, Nakumatt Holdings Managing Director Atul Shah said the firm would continue to undertake strategic expansion projects as part of its overall corporate plans to deepen the local formal retail market in line with Vision 2030 goals.

With a chain of hypermarkets, supermarkets and two convenience stores, Nakumatt Holdings, Mr Shah said they would continue to explore viable market reach projects in its bid to raise the bar on the local formal retail market space.

“As we open Nakumatt Eldoret hyper, I am happy to confirm that our regional expansion plans are solidly on course as part of our commitment to serve our existing and potential customers across the region,” Mr Shah said.

“For this reason, we shall be rolling out new world-class standard outlets in all the key markets such as this hypermarket here in Eldoret in line with our commitment to support the government’s Vision 2030 goals.”

And in just under a fortnight, Nakumatt Holdings has managed to successively open four new branches in Diani, Nanyuki, Kakamega and Eldoret as part of the firm’s national expansion plans.

Besides the four new branches, Nakumatt Holdings expects to further enhance its Nairobi region presence with the opening of two new hypermarkets on Kiambu Road and Lang’ata Road by August this year.

Last week the supermarket chain also announced the acquisition of the former Woolmatt Supermarkets’ branches in Nairobi as a going concern.

The acquisition, Mr Shah explained is as a result of customer demand in Nairobi and will further serve to enhance Nakumatt’s presence within Nairobi’s Central Business District.

The retail chain has managed to retain a workforce of more than 3,700 permanent employees in the three East African countries of Kenya, Rwanda and Uganda.
 

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