Carrefour plans to sell 273 former Dia stores and reduce the size of its sprawling French hypermarkets. The French retail outlet has increased its presence in Kenya over the past few months targeting prime locations in Nairobi. Mid this month, the retailer opened its fourth outlet after taking over retail space left vacant by Nakumatt at the JunctionMall. Majid Al Futtaim Country Manager Franck Moreau said the retailer would operate the supermarket partially before opening a fully-fledged store later in the year. “When fully operational, the Junction Mall store will stock over 30,000 food and non-food items.” he said.

Source: Standard Digital January 23, 2018 12:22 UTC