Who will benefit from Nakumatt’s problems?

Naivas Limited managing director Mr. David Kimani in his office, Nairobi. [Photo: Govedi Asutsa]

The exit of cash-strapped Nakumatt Supermarket from some malls is turning out to be a boon for its competitors. 

Already, some retail players have quickly filled up the space left by the ailing supermarket. French retailer Carrefour is leading the onslaught, aggressively going after the spaces left by Nakumatt.