Khusoko – East African Markets

Carrefour Replaces Souk Bazaar at Nextgen Mall as Anchor Tenant

Carrefour Mega Mall in Nairobi

French’s largest retailer Carrefour has opened its 10th Kenyan store at the Nextgen Mall along Mombasa Road in Nairobi.

The new store occupies 1,800 square feet replacing Arabian retailer Souk Bazaar targeting customers in South B, South C, and Diamond Park estates.

“It’s finally here! The new Carrefour is now open at the Nextgen Mall. Bring your friends and family for the same quality products and unbeatable prices,” said the retailer on its social media page Monday.

Carrefour, whose local franchise is held by Dubai-based conglomerate Majid Al Futtaim plans to open two more branches at the Coastal region after the City Mall branch in Nyali.

The retailer launched MAF (Majid Al Futtaim) application to enhance the online shopping experience for its Kenyan customers. The application is intended to provide Carrefour customers with a seamless shopping experience with a focus on convenience giving them the opportunity to quickly and conveniently purchase items through a digital platform.

“We expect the continued entry and expansion of local and international retailers to support the performance of the retail sector, however, the growing focus on e-commerce is expected to negatively impact the sector exacerbating the reduced demand for physical retail spaces in the wake of the pandemic,”Cytonn comments on the country’s retail sector.

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