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Over the last five years, 14 companies have withdrawn their ratings at GCR, some of which had been cited by the agency for poor outlook.

Once profitable firms in Kenya fighting to survive under crushing debts.

At its height, Nakumatt Supermarkets was the darling of mall owners.

It will take more than a miracle for Nakumatt to recover from its financial woes, with the struggling retailer now pushing the repayment of debts...

Auctioneers forcefully threw the retailer out of the Nyali mall after a high court ordered their eviction for defaulting on rent payment.

The newly appointed manager has given creditors the option of owning a piece of the ailing retailer in exchange for writing off Sh10 billion debt.

Nakumatt Supermarkets experienced the most embarrassing ejection from one of its outlets in the country

The latest eviction of Nakumatt supermarket from the Nanyuki Mall is a grim reminder of the rough times...

Embakasi-based shopping outlet Taj Mall has welcomed a new tenant to fill the gap left by the exit of Uchumi...

Businesses located in shopping malls have seen a reduction in business due to closure of major outlets.

Tuskys; the Retail chain has 63 branches across the region.

Hardly a week after receiving Sh700 million from the Government to restock its shelves, ailing retailer Uchumi has...