Kenya’s largest supermarket chain Nakumatt has closed its Thika Road Mall (TRM) branch, the move coming barely a month after shutting down its outlet at the NextGen Mall along Mombasa Road after just nine months of operations.
A notice posted at the TRM entrance suggested the closure is to allow for stock-taking by the troubled retailer.
“The branch will be temporarily closed due to a stock-taking exercise,” says the notice from management.
“We thank you for your patronage and apologise for any inconvenience caused,” it adds.
Nakumatt have not been having a good year and this does not come as a surprise to many.
Is it about time Nakumatt asked for government bail out?