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Nakumatt: Another ailing Kenyan company

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KulaRaha		#591 Posted : Friday, December 01, 2017 7:47:19 AM
Rank: Elder Joined: 7/26/2007 Posts: 6,514		CarreFour claim pilferage in Kenya is the worst they've seen from all the places they operate. We are thieves. Business opportunities are like buses,there's always another one coming
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hardwood		#592 Posted : Friday, December 01, 2017 7:57:01 AM
Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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kawi254		#593 Posted : Friday, December 01, 2017 9:53:53 AM
Rank: Member Joined: 2/20/2015 Posts: 468 Location: Nairobi		KulaRaha wrote: CarreFour claim pilferage in Kenya is the worst they've seen from all the places they operate. We are thieves. They haven't been to Southern African countries where Shoprite have security guards at exit to validate receipt against items in the shopping bag.
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obiero		#594 Posted : Friday, December 01, 2017 10:06:16 AM
Rank: Elder Joined: 6/23/2009 Posts: 14,326 Location: nairobi		kawi254 wrote: KulaRaha wrote: CarreFour claim pilferage in Kenya is the worst they've seen from all the places they operate. We are thieves. They haven't been to Southern African countries where Shoprite have security guards at exit to validate receipt against items in the shopping bag. Hot point Sarit does that. Ukwala also used to do it COOP, IMH, KEGN, KQ, MTNU
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the deal		#595 Posted : Friday, December 01, 2017 10:11:20 AM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		obiero wrote: kawi254 wrote: KulaRaha wrote: CarreFour claim pilferage in Kenya is the worst they've seen from all the places they operate. We are thieves. They haven't been to Southern African countries where Shoprite have security guards at exit to validate receipt against items in the shopping bag. Hot point Sarit does that. Ukwala also used to do it Shrinkage in Kenyan supermarkets is alarming... One of the reasons I can't invest in this sector contrary in Southern Africa... Shrinkage is very low... Retailers like Shoprite are one of the best investments one can make despite the current economic conditions in the region!
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KulaRaha		#596 Posted : Friday, December 01, 2017 10:11:20 AM
Rank: Elder Joined: 7/26/2007 Posts: 6,514		Egypt and Morocco only other 2 african countries for Carrefour. We are their first true experience...LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOL Business opportunities are like buses,there's always another one coming
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Gathige		#597 Posted : Friday, December 01, 2017 11:24:38 AM
Rank: Elder Joined: 3/29/2011 Posts: 2,242		KulaRaha wrote: CarreFour claim pilferage in Kenya is the worst they've seen from all the places they operate. We are thieves. No wonder the village duka and kiosk are tightly secured and the shopkeeper hands to the buyer their buy through a very small opening. Otherwise the peculiar long hands finds their way into the merchandise. Very shameful "Things that matter most must never be at the mercy of things that matter least." Goethe
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Iganamagana		#598 Posted : Friday, December 01, 2017 12:02:59 PM
Rank: Veteran Joined: 3/27/2009 Posts: 1,437		kawi254 wrote: KulaRaha wrote: CarreFour claim pilferage in Kenya is the worst they've seen from all the places they operate. We are thieves. They haven't been to Southern African countries where Shoprite have security guards at exit to validate receipt against items in the shopping bag. Game at Garden City does it.
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winmak		#599 Posted : Friday, December 01, 2017 6:33:01 PM
Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru		Iganamagana wrote: kawi254 wrote: KulaRaha wrote: CarreFour claim pilferage in Kenya is the worst they've seen from all the places they operate. We are thieves. They haven't been to Southern African countries where Shoprite have security guards at exit to validate receipt against items in the shopping bag. Game at Garden City does it. Gilanis Nakuru too For investors as a whole, returns decrease as motion increases ~ WB
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2012		#600 Posted : Friday, December 01, 2017 9:55:22 PM
Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi		KulaRaha wrote: CarreFour claim pilferage in Kenya is the worst they've seen from all the places they operate. We are thieves. I'm sure 90% is by staff. BBI will solve it :)
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