Thursday, December 12, 2013

Nakumatt opens seventh outlet in Uganda, eyes bigger market share

A supermarket attendant arranges a display of branded packets of flour at Nakumatt Lifestyle. PHOTO | SALATON NJAU

A supermarket attendant arranges a display of branded packets of flour at Nakumatt Lifestyle. PHOTO | SALATON NJAU  NATION MEDIA GROUP

By NATION CORRESPONDENT
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Regional retailer, Nakumatt, has opened it seventh outlet in Uganda as it seek to increase its footprint in the regional market.

This move comes after the company in October opened another branch in Katwe, an area with a mixed segment of consumers in terms of income in the same country.

A statement from the firm indicates that the company has invested Sh176.4 billion ($ 2.1Million) in the stall which is located near the Entebbe International Airport.

Speaking at the opening ceremony, Nakumatt Uganda country manager Bernard Mutua said that the opening of the store is also geared towards raising Entebbe’s growing profile as a regional commercial town.

“At Nakumatt, we are keen to promote regional integration ideals by establishing world-class retail stores in all major Uganda towns,” said Mutua.

VALUE-ADDED SERVICES

The new Nakumatt Entebbe hosts a variety of value-added services including a bakery, butchery and hot food deli.

In Kenya, the largest retail chain in East Africa has booked space in the upcoming Shujaa Mall in Nairobi’s Donholm estate located in the expansive and highly populated Eastlands area.

Still in Uganda, Nakumatt supermarket has lined up yet another branch opening at Kisementi on the outskirts of Kampala at the upcoming Acacia Mall.

Alongside Entebbe, Nakumatt has this year managed to open new stores in Mbarara, Bugolobi (Nakumatt Village) and Katwe.

UGANDA STORES

Other existing Nakumatt stores in Uganda include the flagship Nakumatt Oasis, Nakumatt Bukoto, and Nakumatt Bugolobi.

This will see Nakumatt battle for the regional market with two other retail stores, Tuskys and Uchumi which also have a presence in Uganda.

In Kenya, the largest retail chain has booked space in the upcoming Shujaa Mall in Nairobi’s Donholm estate located in the expansive and highly populated Eastlands area.

It also has ventured into the middle and lower income segment of the market where its rivals – Tuskys, Uchumi, Naivas, Ukwala and among several other small retailers have a stability.

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