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NAIROBI: The retail sector in Kenya is growing rapidly. The amount of money spent on retail outlets has tripled since 2007. In 2015, Kenyans consumed goods and services worth over Sh3 trillion. Out of this amount, Sh1.2 trillion was spent in retail outlets.
To quench this shopping appetite, retail shopping malls are coming up rapidly as the retail sector formalises. In Africa, Kenya ranks second to South Africa when it comes to formalised retail.
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