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Nakumatt: Another ailing Kenyan company
Mike Ock
#451 Posted : Sunday, October 01, 2017 7:23:42 PM
Rank: Member

Joined: 1/22/2015
Posts: 682
winmak wrote:
obiero wrote:
Angelica _ann wrote:
Ericsson wrote:
Nakumatt exits junction mall

things must be very thick for Nakumatt

Things are elephant


And the convenience marriage with Tuskys is on shaky ground... Maybe the sooner they call this monkey out the better


Been saying this for the last few pages in this thread. Nobody can save this company. Just pack and go so that a replacement can come through quickly
obiero
#452 Posted : Sunday, October 01, 2017 7:50:33 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
winmak wrote:
obiero wrote:
Angelica _ann wrote:
Ericsson wrote:
Nakumatt exits junction mall

things must be very thick for Nakumatt

Things are elephant


And the convenience marriage with Tuskys is on shaky ground... Maybe the sooner they call this monkey out the better

The economy is dying

KQ ABP 4.26
Ericsson
#453 Posted : Sunday, October 01, 2017 8:12:22 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
obiero wrote:
winmak wrote:
obiero wrote:
Angelica _ann wrote:
Ericsson wrote:
Nakumatt exits junction mall

things must be very thick for Nakumatt

Things are elephant


And the convenience marriage with Tuskys is on shaky ground... Maybe the sooner they call this monkey out the better

The economy is dying


I totally agree with you Obiero
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Angelica _ann
#454 Posted : Sunday, October 01, 2017 8:20:49 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Ericsson wrote:
obiero wrote:
winmak wrote:
obiero wrote:
Angelica _ann wrote:
Ericsson wrote:
Nakumatt exits junction mall

things must be very thick for Nakumatt

Things are elephant


And the convenience marriage with Tuskys is on shaky ground... Maybe the sooner they call this monkey out the better

The economy is dying


I totally agree with you Obiero


Mismanagement not dying economy!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Impunity
#455 Posted : Sunday, October 01, 2017 9:29:01 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Ericsson wrote:
Nakumatt exits junction mall


That's a perfect junction for carre4.
I hope they seize the chance immediately.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

KulaRaha
#456 Posted : Monday, October 02, 2017 7:52:44 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Angelica _ann wrote:
Ericsson wrote:
obiero wrote:
winmak wrote:
obiero wrote:
Angelica _ann wrote:
Ericsson wrote:
Nakumatt exits junction mall

things must be very thick for Nakumatt

Things are elephant


And the convenience marriage with Tuskys is on shaky ground... Maybe the sooner they call this monkey out the better

The economy is dying


I totally agree with you Obiero


Mismanagement not dying economy!!!


Unless you are stealing from taxpayers, this economy is dying for everyone else.
Business opportunities are like buses,there's always another one coming
watesh
#457 Posted : Monday, October 02, 2017 7:54:11 AM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
Impunity wrote:
Ericsson wrote:
Nakumatt exits junction mall


That's a perfect junction for carre4.
I hope they seize the chance immediately.

Best choice for a replacement
Ericsson
#458 Posted : Monday, October 02, 2017 8:33:21 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Carrefour are at the Hub so I don't think they will be interested in opening a store at the Hub.
Most probably choppies may be the new tenants
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
KulaRaha
#459 Posted : Monday, October 02, 2017 9:15:22 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
watesh wrote:
Impunity wrote:
Ericsson wrote:
Nakumatt exits junction mall


That's a perfect junction for carre4.
I hope they seize the chance immediately.

Best choice for a replacement


Word is that deal is already done, just like TRM.
Business opportunities are like buses,there's always another one coming
kayhara
#460 Posted : Monday, October 02, 2017 9:34:55 AM
Rank: Veteran

Joined: 5/5/2011
Posts: 1,059
Actually the junction is not a very nice location for any high end store, with all the better located easily accessible malls around I think that's why they let go, same with NextGen who places a mall on the way into town? even South C guys have to go round Mombasa road, TRM was a high traffic low sales store did't make business sense, if Nakumatt close Mega,Westgate, and Village market then I will know the elephant has died.
To Each His Own
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