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The Rise and Fall of Uchumi Supermarket: A 40 Year Saga

3 months ago
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Uchumi Supermarket, founded in 1975, was once a retail giant in Kenya, symbolizing national pride. It introduced self-service stores, expanded rapidly, and went public in 1992. However, mismanagement, corruption, and unprofitable expansions led to massive debt, forcing it into receivership in 2006. Despite several revival attempts, Uchumi continued to struggle with financial instability, leadership changes, and ongoing debt issues. Though still operational, its future remains uncertain, reflecting both resilience and the challenges of Kenya’s retail sector.

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