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    Naivas Replaces Nakumatt to Become Anchor Tenant at Lifestyle Mall

    Eunniah
    By Eunniah Mbabazi
    - November 23, 2020
    - November 23, 2020
    Kenya Business news
    Naivas Replaces Nakumatt to Become Anchor Tenant at Lifestyle Mall

    Naivas Supermarket has replaced Nakumatt Holdings to become the anchor tenant at Hazina Towers, famously known as the Lifestyle Mall along Nairobi’s Monrovia street.

    The new outlet, which starts operation today, will become the supermarket chain’s 67th branch and its fourth outlet within Nairobi CBD. Other former Nakumatt outlets that have been taken up by Naivas include Prestige Plaza on Ngong road, Moi Avenue branch, Mega City mall in Kisumu as well as Likoni and Bamburi branches in Mombasa.

    In September this year, the Supermarket again became the new anchor tenant at the Waterfront Mall in Karen following the exit of Shoprite, which cited underperformance in the Kenyan outlets, as well as stiff competition from Naivas, Carrefour, and Quickmart.

    See Also:

    Nakumatt Liquidation Pushed to February 2021 Due to Pandemic

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