, NAIROBI, Kenya, Jul 15 – Retail chain Nakumatt Holdings is inching closer to hitting its 30 branch milestone in Kenya following the opening of Nakumatt Ridgeways on Friday.
The new Nakumatt Ridgeways branch located along Kiambu road and the Ridgeways road Junction on the new Ridgeways Mall is valued at more than Sh300 million and covers a shop floor space of more than 25,000 square feet.
Speaking during the launch of the new supermarket, Nakumatt Holdings Managing Director Atul Shah said the branch had been opened to cater for the discerning retail clientele residing around Runda, Kiambu town, Ruiru, Thika road, Thika Greens and its environs.
The branch, which is the 17th Nakumatt store within Nairobi region, Mr Shah added, is also strategically positioned to cover an expected retail boom once the upcoming property developments such as Tatu City and Migaa are completed in the coming years.
With the opening of Nakumatt Ridgeways, Nakumatt Holdings is now firmly entrenched as the leading regional retailer with a total of 33 branches across Kenya, Uganda, and Rwanda.
“The opening of Nakumatt Ridgeways is a milestone for Nakumatt Holdings and confirms our commitment to meet the growing retails needs across East Africa,” Mr Shah said. “The opening of this branch has also been fast tracked due to overwhelming requests from former Nakumatt Thika Road customers.”
As part of its expansion plans, Nakumatt Holdings has also lined up other branch openings in Nakuru, and Malindi. In the regional market, Nakumatt Holdings plans to open a branch in Tanzania’s Moshi town while a second branch in Kigali, Rwanda is also firmly on course.
Nakumatt Ridgeways is fully stocked with a variety of more than 50,000 products to choose from ranging from Fresh Produce, to Lifestyle products such as electronics, clothing, toys, branded foods and general products.
The opening of Nakumatt Ridgeways comes hot on the heels of the recent launch for its Nakumatt Jichanue Okoa Chapaa sales promotion. The promotion features major discounts and smart point’s offers to mark the enhancement of Nakumatt’s Nairobi Central Business District Operations and selected upcountry branches.