Sharp Daily
No Result
View All Result
Monday, April 13, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Carrefour To Open First CBD Store In December

Sarah Wamaitha by Sarah Wamaitha
November 8, 2022
in News
Reading Time: 2 mins read
Carrefour

[Photo/Courtesy]

Carrefour is set to launch its first Central Business District (CBD) store in Nairobi, competing with established brands such as Naivas and Quicksmart.

The new shop, according to Majid Al Futtaim, the owner of Carrefour’s franchise in Kenya, will open in December 2022. Following the opening of an outlet in Kilimani and Valley Arcade branches in mid-2022, the company’s total number of stores will rise to 19.

At the moment, there are 14 Carrefour supermarkets and hypermarkets located across the malls of Nairobi, which include the Junction Mall, Thika Road Mall, Two Rivers Mall, Southfields Mall, Galleria Shopping Mall, Village Market, Hub, and Sarit Centre.

Others include United Mall, Mega Plaza, City Mall, and Center Point Mall, located in Kisumu, Nyali, and Diani, respectively.

RELATEDPOSTS

Betting on cities: Why Africa’s urban growth Is becoming an investor magnet

April 10, 2026
On December 9, 2025, the Central Bank of Kenya lowered its benchmark rate to 9.00 percent, its lowest since early 2023.

CBK holds base lending rate at 8.75 percent as global risks rise

April 9, 2026

Read: Quickmart Manager Arrested Over Illegal Dumping

Prior to Christmas, the retail chain carrefour offered a 50% discount through November 30 on a wide range of goods, including electronics, cleaning and housekeeping supplies, clothing, and outdoor gear, among others.

“Every year, our customers enjoy unbeatable discounts on their favorite items and this year is no exception,” Majid Al Futtaim East Africa Regional Director Franck Moreau.

“And, our commitment to them remains unchanged: to offer the highest quality at the lowest possible price in our stores,” he added.

Naivas Supermarket recently opened a new outlet at Kahawa Sukari, Nairobi, barely a week after the 86th store opening in Meru at Greenwood Mall, Meru Town. The new store that covers 30,000 square feet of trading space now puts Naivas store tally at 87.

Read:Naivas Opens 87th Outlet In Kahawa Sukari

The expansion comes months after Naivas ceded a 40 percent stake to French firm Proparcoin in a $31.5 million (Ksh3.7 billion) deal.

Carrefour is a French multinational retail and wholesaling corporation headquartered in Massy, France. The eighth-largest retailer in the world by revenue, operating a chain of hypermarkets, groceries stores, and convenience stores, which as of December 2021, comprised 13,894 stores in over 30 countries.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

‘Wash Wash’ Cartels, Alcoholism Top Of IG Nominee Koome’s List

Next Post

Fork Jembe Lodged In Boy’s Head And New DCI Among Most Searched In October

Sarah Wamaitha

Sarah Wamaitha

Related Posts

News

What Drives Economic Divide

April 13, 2026
News

Exchange rate regimes and their influence on economic stability

April 13, 2026
News

Spotting investment bubbles in financial markets

April 12, 2026
News

How property taxes impact investment returns

April 12, 2026
News

Betting on cities: Why Africa’s urban growth Is becoming an investor magnet

April 10, 2026
News

Kenya’s Private Sector Credit Hits Record High as Lending Growth Accelerates on Easing Cycle

April 10, 2026

LATEST STORIES

What Drives Economic Divide

April 13, 2026

Exchange rate regimes and their influence on economic stability

April 13, 2026

Spotting investment bubbles in financial markets

April 12, 2026

How property taxes impact investment returns

April 12, 2026

Betting on cities: Why Africa’s urban growth Is becoming an investor magnet

April 10, 2026

Kenya’s Private Sector Credit Hits Record High as Lending Growth Accelerates on Easing Cycle

April 10, 2026

The case for early pension planning

April 10, 2026
Single red percent symbol among many dollars

Why the Central Bank of Kenya chose to hold rates

April 10, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024