French retailer opens third outlet at Thika Road Mall (TRM)

French retailer Carrefour will next month be opening its third outlet at Nairobi’s Thika Road Mall (TRM).

Carrefour will be taking over the space vacated by Kenya’s cash strapped, Nakumatt Holdings which was evicted from the mall a month ago over rent arrears.

“The opening of our third Carrefour store in less than two years of operations illustrates our ambitious growth and expansion plans in the region,” Franck Moreau, the country manager at Al Futtaim Retail (Kenya), said in a statement.

“This new hypermarket will offer our customers who use the busy highway access to wide variety of products at the most competitive prices, offered at world-class standards.”

Carrefour, is locally managed by Dubai-based conglomerate Majid Al Futtaim.

Al Futtaim currently works with over 640 suppliers, local manufacturers, producers and farmers.

The TRM outlet covers over 5,000 square metres selling area and will cater for the growing population segment residing in Roysambu and Kasarani as well as those travelling along the busy Thika Road.

Carrefour will cover two floors of the mall with the projection of starting operations at the upper level of the mall next month, and having full operations on both floors by mid-2018.

Carrefour’s currently has two stores, one is located at Nairobi’s The Hub and other at Two Rivers mall.