Saturday, May 24News That Matters

Tag: supermarket failures

TUSKYS SUPERMARKET,CBD BRANCH SET UP FOR AUCTION
local news

TUSKYS SUPERMARKET,CBD BRANCH SET UP FOR AUCTION

Tuskys Imara located at the junction of Tom Mboya Street and Accra Road is part of the five storey commercial property set to be hit by the auctioneers' hammer.  targetted property is registered in the name of Tusker Mattresses Limited (Tuskys) comprising three floors of a shopping mall and will be auctioned on March 2 by Antique Auctions. The commercial property is reportedly being sold over a debt of Ksh650 million that the supermarket owes a local bank We are selling the building where Tuskys currently operates along Tom Mboya street in Nairobi in a public auction and the asking price is Ksh650 million," the agent stated which is likely to close its doors unless the new owner chooses to retain the retailer but as a tenant. Tuskys has only lost its merchandise to...