Kenya’s largest supermarket has gone bankrupt and rivals are set to snap up its empty stores — Quartz

Kenya’s largest supermarket chain, Nakumatt, has applied to the high court for administration under insolvency laws, in a bid to fight liquidation efforts and shield itself from creditors. The move will come as no surprise to regular Nakumatt customers who have seen stock dwindle in recent months after suppliers cut it off for failing to…

via Kenya’s largest supermarket has gone bankrupt and rivals are set to snap up its empty stores — Quartz

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