Retail & E-commerce
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Simbisa Brands revenue rises 20% in FY 2026
Simbisa reported stronger earnings across its markets, with Kenya customer volumes and deliveries increasing despite lower average spending and continued pressure on household incomes.
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Luckin Coffee eyes Gulf expansion after US$1B Mubadala investment
The Chinese coffee chain is reviewing potential Gulf markets as it expands internationally following its latest investment from Abu Dhabi sovereign wealth fund Mubadala.
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Quickmart announces plans to list on Nairobi Securities Exchange
The proposed NSE listing would create a wider public shareholder base for Quickmart while allowing its existing shareholder to realise part of its investment.
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Carrefour Kenya revenue rises to US$378.5M as store network expands
The retailer added eight outlets in 2025 and plans nine more stores by the end of 2026 as competition intensifies across Kenya’s supermarket sector.
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Carrefour returns to India after 12 years with food-led retail strategy
French retail giant now brings on a localised grocery model focused on fresh food, private labels and Indian suppliers.