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Nakumatt: Another ailing Kenyan company
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
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
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.
obiero
#594 Posted : Friday, December 01, 2017 10:06:16 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
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

KQ ABP 4.26
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!
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
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
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.
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
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
:)
73 Pages«<5859606162>»
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