NAKUMATT to open 11 new stores in 2008

Planet Retail 4 Dec 07

The operations director of Kenyan chain Nakumatt, Thiagarajan Ramamurthy, has announced that the retailer will open 11 new stores next year to meet rising demand. Under the expansion plan, Nakumatt plans to extend its chain to Nakuru and Kakamega where it does not have stores, besides building a second bigger store in Eldoret. Mr Ramamurthy said that the additional branches would bring the total number of outlets to 30.

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