| Published Wed, April 25th 2018 at 10:22, Updated April 25th 2018 at 10:36 GMT +3Casual Workers hired by an Auctioneer remove structures from Uchumi Supermaket, Mombasa's Moi AvenueMOMBASA, KENYA: Uchumi supermarkets on Tuesday closed its Mombasa Avenue branch following eviction by auctioneers. ALSO READ: Uchumi exits Sarit Centre after 30 years’ stayIn February this year, the retailer announced that its half year losses had widened by 63 per cent to Sh895 million. The cash-strapped retailer exited Sarit Centre in Nairobi early this year bringing to an end a three-decade old business story in the iconic business space. The branch was once the best performer for the retailer and at times able to cover all the overheads in a month. ALSO READ: Uchumi posts Sh895 million loss
Source: Standard Digital April 25, 2018 07:29 UTC