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UCHUMI
yekeyeke
#31 Posted : Thursday, August 12, 2010 7:49:53 PM
Rank: Member

Joined: 6/4/2008
Posts: 345
Shame on you @ the Deal. Wewe umeanguka mtihani. Grade F.
Uchumi does not look at competitors. Their strategy, is simple and this is why it has worked so well in this Kenyan market where you have the nakumatts and tuskys and the rest.

They forcus on the customer. Hi mambo ingine ni makalele tuu.

And with this strategy, they will be able to compete and make money in Tanzania and anywhere else the go to.

No one goes to a supermarket because they have a shinny tiled floor like nakumatt. They go to buy goods from the shelves. Floors are secondary, though important, but they cant prevent a cow from drinking water. Ni ngurumo ya chura tu.
mkonomtupu
#32 Posted : Thursday, August 12, 2010 8:27:52 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
@ the Deal, in retail you look at the operational efficiency and customers per square foot, if you transfer that efficiency to Tanzania and contain your costs and pilferage you will make a decent profit. When Uchumi was going down it's best branch was the Kampala branch. A branch in Dar will do well so long they don't own buildings.

I think the competition for Uchumi is not nakumatt and tuskys rather the many retail kiosks in the neighbourhoods.

Waiting for the Uchumi shares i hope long-suffering retail investors will sell
guru267
#33 Posted : Thursday, August 12, 2010 8:33:32 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
mkonomtupu wrote:
I think the competition for Uchumi is not nakumatt and tuskys rather the many retail kiosks in the neighbourhoods.

Do you know what you are talking about??
Mark 12:29
Deuteronomy 4:16
the deal
#34 Posted : Thursday, August 12, 2010 8:53:50 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@Yekeyeke Shoprite is the Wallmart of Africa...there were even rumours that Wallmart will buy Shoprite when they expand to Africa...they operate in 15 African countries apart from SA....theyre on the JSE,NSX and the LUSE...i think their strategy is to use TZ as their expansion base into East Africa...Uchumi cant afford to fight battles with a giant like Shoprite in TZ...i think the best strategy for Uchumi is to focus on Kenya consolidate their market share...then focus East Africa...if they choose to expand rapidly surely they will go bust again...for now we await their return to the bourse...if the story is juicy like DTBK then we will Buy...
youcan'tstopusnow
#35 Posted : Thursday, August 12, 2010 9:26:18 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Tuskys is the old Uchumi
GOD BLESS YOUR LIFE
youcan'tstopusnow
#36 Posted : Thursday, August 12, 2010 10:06:10 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Half year results show strong recovery in corporate Kenya. The share prices will only follow. www.businessdailyafrica....0/-/clns9mz/-/index.html
GOD BLESS YOUR LIFE
youcan'tstopusnow
#37 Posted : Thursday, August 12, 2010 10:33:22 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Nakumatt intensies CBD market war. www.businessdailyafrica....66/-/4wje76/-/index.html
GOD BLESS YOUR LIFE
StatMeister
#38 Posted : Friday, August 13, 2010 9:33:34 AM
Rank: Veteran

Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
youcan'tstopusnow wrote:
Nakumatt intensies CBD market war. www.businessdailyafrica....66/-/4wje76/-/index.html


the future of chain stores is sub-urbs, not CBD. remember thika road expansion? all those people building there will need to shop . . .
A bad day fishing is better than a good day at work
sparkly
#39 Posted : Friday, August 13, 2010 10:02:41 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
"Uchumi" has a nice ring to the name. The brand would do well in the whole of EA where Swahili is widely spoken. I think kcb should also consider re-branding since they have decided to expand beyond borders. A corporate name with a country in it arises nationalistic biases.
Life is short. Live passionately.
VituVingiSana
#40 Posted : Friday, August 13, 2010 10:24:05 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
@sparkly - Please note that KCB uses 'KCB' not Kenya Commercial Bank outside of Kenya...

Same with KenolKobil which uses Kobil (not Kenol) outside of Kenya... Even then it is Kenol not Kenya Oil...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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