Botswana retailer Choppies builds Sh20b war chest for branch expansion

A choppies Supermarket branch. The retailer seeks to fill void left by Nakumatt Supermarket through an aggressive expansion drive (Courtesy)

IN SUMMARY

Botswana-based retailer plans to pump the cash across stores and open new ones in the next three months as well as rebrand all Ukwala branches.

NAIROBI, KENYA: Botswana’s Choppies plans to open between 20 and 25 branches in Kenya, as it races to take advantage of the market gap created by woes facing Nakumatt and Uchumi.

The retailer, which is largely a budget store with operations in seven African countries says it has Sh20…

Source – Standard Media

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