Uchumi to acquire 300 small stores in strategy shift

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Uchumi supermarkets has announced plans to acquire 300 small stores in a plan aimed deepening its retail reach. The move is a shift from its previous strategy of focusing on large outlets mostly in mega shopping malls. Denis Otieno caught up with the retailer’s CEO Dr Julius Kipng’etich to get his thoughts on why focusing on neighbourhood retail has a better chance of improving Uchumi’s fortunes.

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