After re-listing in the Nairobi Securities Exchange (NSE) on 31st
May 2011 the supermarkets chain is planning to open three new outlets in
Uganda. Uganda which has been identified as highly potential but underserved by
retail chains is expected to have a total of five Uchumi stores which include
the already established ones in Kampala and in Gulu town.
The company which receivership was lifted about six years reported
sales of 10.84 billion shillings (approx. $129.7 million) in the year ended June 2011.
No comments:
Post a Comment