- Choppies says it hopes to conclude negotiations by the end of this month to pave way for its entry by May.
Botswana retailer Choppies is in talks with owners of Nanyuki Mall to take over as the anchor tenant after Nakumatt Supermarkets was evicted yesterday for non-payment of rent.
Choppies, which entered the Kenyan market in March 2016 by acquiring seven Ukwala stores, says it hopes to conclude negotiations by the end of this month to pave way for its entry by May.
Nakumatt was dramatically ejected from Nanyuki Mall as its goods were thrown out of the building and some of them stolen by looters before police fired in the air to scare the thieves away.
“We are currently negotiating with the owners of the mall but nothing is signed yet. We hope to have a positive conclusion to the talks by the end of January,” Parin Patel, a Choppies director, told the Business Daily in a telephone interview.
“After that, we would need around two to three months to settle in and open our doors.”
The Botswana retailer has 11 stores across the country and is planning to open a new outlet at South Field Mall in Embakasi. It will also open another at the soon-to-be-opened Kiambu Mall, taking up space previously allocated for Nakumatt.