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What is ailing the Kenya Retail Sector
Rank: Elder Joined: 12/7/2012 Posts: 11,935
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sparkly wrote:timuka2 wrote:Any subject matter experts in house to shed some light? A majority of the big retail outlets, more so the supermarkets, appear to be heading south. Which ones are stuggling apart from Nakumatt? Uchumi, Mama Mboga, ...... In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Veteran Joined: 9/21/2011 Posts: 2,032
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timuka2 wrote:Any subject matter experts in house to shed some light? A majority of the big retail outlets, more so the supermarkets, appear to be heading south. Am no expert in the matter but think the issue is poor management- Insider theft, spending massively on expansion b4 paying suppliers. And of late, banks are more cautious due to rates cap hence getting overdrafts to plug short term holes is uphill task. Etc etc
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Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
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sqft wrote:Petrol stations particularly Shell and Total are expanding like crazy. Many new (ex jap) cars are appearing on our roads everyday. You go to Carrefour or Naivas and queues are very long full of shoppers. You attend a school meeting and nowadays there's no parking coz of too many cars, even the playing field is full. So all is not gloom. A few retailers may be suffering but that could be due to their internal problems. FYI some years back uchumi was still struggling even when every other company was making billions. Quote:The industrialist and chairman of Brand Kenya spent the better part of his address dressing down journalists for what he called their warped sense of news, and hate of their country.
Mr Kirubi is among Kenya’s richest men. He is also a philanthropist and faults the media for their fixation with failure.
SUCCESS STORIES
He actually called journalists “gravediggers’”, who delight in failed enterprises as opposed to success stories.
As Mr Kirubi noted, a foreigner visiting Kenya for investment opportunities would be forgiven for taking the next flight out, thinking that he had landed in the wrong place, what with negative stories! http://mobile.nation.co....em-1-jycbn8z/index.html
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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Lolest! wrote:sqft wrote:Petrol stations particularly Shell and Total are expanding like crazy. Many new (ex jap) cars are appearing on our roads everyday. You go to Carrefour or Naivas and queues are very long full of shoppers. You attend a school meeting and nowadays there's no parking coz of too many cars, even the playing field is full. So all is not gloom. A few retailers may be suffering but that could be due to their internal problems. FYI some years back uchumi was still struggling even when every other company was making billions. Quote:The industrialist and chairman of Brand Kenya spent the better part of his address dressing down journalists for what he called their warped sense of news, and hate of their country.
Mr Kirubi is among Kenya’s richest men. He is also a philanthropist and faults the media for their fixation with failure.
SUCCESS STORIES
He actually called journalists “gravediggers’”, who delight in failed enterprises as opposed to success stories.
As Mr Kirubi noted, a foreigner visiting Kenya for investment opportunities would be forgiven for taking the next flight out, thinking that he had landed in the wrong place, what with negative stories! http://mobile.nation.co....em-1-jycbn8z/index.html
Quoted from the article ........ Editors and media proprietors have the ability to change the narrative from doom and gloom to celebrating national heroes and Mrs Njuguna was one.  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 6/23/2009 Posts: 14,221 Location: nairobi
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Angelica _ann wrote:Lolest! wrote:sqft wrote:Petrol stations particularly Shell and Total are expanding like crazy. Many new (ex jap) cars are appearing on our roads everyday. You go to Carrefour or Naivas and queues are very long full of shoppers. You attend a school meeting and nowadays there's no parking coz of too many cars, even the playing field is full. So all is not gloom. A few retailers may be suffering but that could be due to their internal problems. FYI some years back uchumi was still struggling even when every other company was making billions. Quote:The industrialist and chairman of Brand Kenya spent the better part of his address dressing down journalists for what he called their warped sense of news, and hate of their country.
Mr Kirubi is among Kenya’s richest men. He is also a philanthropist and faults the media for their fixation with failure.
SUCCESS STORIES
He actually called journalists “gravediggers’”, who delight in failed enterprises as opposed to success stories.
As Mr Kirubi noted, a foreigner visiting Kenya for investment opportunities would be forgiven for taking the next flight out, thinking that he had landed in the wrong place, what with negative stories! http://mobile.nation.co....em-1-jycbn8z/index.html
Quoted from the article ........ Editors and media proprietors have the ability to change the narrative from doom and gloom to celebrating national heroes and Mrs Njuguna was one. Its sad what the Kenya media does to local companies
KQ ABP 4.26
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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obiero wrote:Angelica _ann wrote:Lolest! wrote:sqft wrote:Petrol stations particularly Shell and Total are expanding like crazy. Many new (ex jap) cars are appearing on our roads everyday. You go to Carrefour or Naivas and queues are very long full of shoppers. You attend a school meeting and nowadays there's no parking coz of too many cars, even the playing field is full. So all is not gloom. A few retailers may be suffering but that could be due to their internal problems. FYI some years back uchumi was still struggling even when every other company was making billions. Quote:The industrialist and chairman of Brand Kenya spent the better part of his address dressing down journalists for what he called their warped sense of news, and hate of their country.
Mr Kirubi is among Kenya’s richest men. He is also a philanthropist and faults the media for their fixation with failure.
SUCCESS STORIES
He actually called journalists “gravediggers’”, who delight in failed enterprises as opposed to success stories.
As Mr Kirubi noted, a foreigner visiting Kenya for investment opportunities would be forgiven for taking the next flight out, thinking that he had landed in the wrong place, what with negative stories! http://mobile.nation.co....em-1-jycbn8z/index.html
Quoted from the article ........ Editors and media proprietors have the ability to change the narrative from doom and gloom to celebrating national heroes and Mrs Njuguna was one. Its sad what the Kenya media does to KQ In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 6/23/2009 Posts: 14,221 Location: nairobi
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Angelica _ann wrote:obiero wrote:Angelica _ann wrote:Lolest! wrote:sqft wrote:Petrol stations particularly Shell and Total are expanding like crazy. Many new (ex jap) cars are appearing on our roads everyday. You go to Carrefour or Naivas and queues are very long full of shoppers. You attend a school meeting and nowadays there's no parking coz of too many cars, even the playing field is full. So all is not gloom. A few retailers may be suffering but that could be due to their internal problems. FYI some years back uchumi was still struggling even when every other company was making billions. Quote:The industrialist and chairman of Brand Kenya spent the better part of his address dressing down journalists for what he called their warped sense of news, and hate of their country.
Mr Kirubi is among Kenya’s richest men. He is also a philanthropist and faults the media for their fixation with failure.
SUCCESS STORIES
He actually called journalists “gravediggers’”, who delight in failed enterprises as opposed to success stories.
As Mr Kirubi noted, a foreigner visiting Kenya for investment opportunities would be forgiven for taking the next flight out, thinking that he had landed in the wrong place, what with negative stories! http://mobile.nation.co....em-1-jycbn8z/index.html
Quoted from the article ........ Editors and media proprietors have the ability to change the narrative from doom and gloom to celebrating national heroes and Mrs Njuguna was one. Its sad what the Kenya media does to KQ Angelica wacha uchokozi
KQ ABP 4.26
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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Angelica _ann wrote:obiero wrote:Angelica _ann wrote:Lolest! wrote:sqft wrote:Petrol stations particularly Shell and Total are expanding like crazy. Many new (ex jap) cars are appearing on our roads everyday. You go to Carrefour or Naivas and queues are very long full of shoppers. You attend a school meeting and nowadays there's no parking coz of too many cars, even the playing field is full. So all is not gloom. A few retailers may be suffering but that could be due to their internal problems. FYI some years back uchumi was still struggling even when every other company was making billions. Quote:The industrialist and chairman of Brand Kenya spent the better part of his address dressing down journalists for what he called their warped sense of news, and hate of their country.
Mr Kirubi is among Kenya’s richest men. He is also a philanthropist and faults the media for their fixation with failure.
SUCCESS STORIES
He actually called journalists “gravediggers’”, who delight in failed enterprises as opposed to success stories.
As Mr Kirubi noted, a foreigner visiting Kenya for investment opportunities would be forgiven for taking the next flight out, thinking that he had landed in the wrong place, what with negative stories! http://mobile.nation.co....em-1-jycbn8z/index.html
Quoted from the article ........ Editors and media proprietors have the ability to change the narrative from doom and gloom to celebrating national heroes and Mrs Njuguna was one. Its sad what the Kenya media does to KQ  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 5/9/2007 Posts: 13,095
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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It's so amusing how KQ pops up in any thread. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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