[Source: Business Daily, by Bonface Otieno]
Africa’s largest supermarket chain Shoprite Holdings will lay off 115 workers and close its second branch in Kenya in less than five months, citing reduced flow of shoppers.
Shoprite, which opened its first store in Kenya in 2018, has informed the workers’ union of the closure of the City Mall branch in Nyali, Mombasa, and job cuts.
“Endeavour to continue trading at the Nyali branch is no longer viable. Financial and other data will be provided and discussed at a proposed meeting,” Shoprite said in a notice to the…
