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Fear of layoffs as Nakumatt shuts 24-hour branch in Kisumu

Empty tellers at the Nakumatt Supermarket, Westside Mall in Nakuru on July 05, 2017. Photo/Suleiman Mbatiah/Standard

KISUMU, KENYA: Cash strapped Nakumatt Holdings has closed its 19-year old Kisumu branch on Mega Plaza as it fights to cut back massive debts in a recovery bid.

The giant retail chain on Monday pulled down doors on the only 24 hour supermarket situated at a prime location in the lakeside town, denting its ambitions to build a 24-hour economy.

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