By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Youth Village KenyaYouth Village KenyaYouth Village Kenya
  • Home
  • Education
  • Employment
  • Entertainment
    • Celebrity News
    • Celebrity Interviews
    • Sports
    • Fashion
    • Politics
    • Tech
  • Opportunities
  • Health
  • Contact Us
Search
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: 5 Lucrative Branches Which Tuskys Should Not Have Shut Down
Share
Sign In
Notification Show More
Font ResizerAa
Youth Village KenyaYouth Village Kenya
Font ResizerAa
Search
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Youth Village Kenya > Blog > Celebrity News > Entertainment > List > 5 Lucrative Branches Which Tuskys Should Not Have Shut Down
BusinessList

5 Lucrative Branches Which Tuskys Should Not Have Shut Down

Editor
Last updated: 2019/01/20 at 10:42 AM
Editor
Share
2 Min Read
SHARE

Despite having consumers with high purchasing power, strategic locations and able manpour, Tuskys has been silently battling with stock-outs, finance costs, piling supplier debts and above all troublesome landlords.

Contents
1.Tuskys Beba Beba2. Tuskys Ruaka 3.Tuskys Hyrax4. Tuskys Sheikh Karume Road 5.Tuskys Fire Station Store

After its launch in more than a decade ago, Tuskys has closed down more branches than anyone can imagine.

However in past few years, we look at notable branches the supermarket chain closed down due to different challenges.



1.Tuskys Beba Beba

Located on Tom Mboya Street in Nairobi’s CBD, it was closed on 2nd July 2018, 11 years down the line.

“The Bank of Baroda has been our landlord for 11 years,” says Tuskys management in a statement.  “The bank has now informed us that they have sold the property. The new owner has notified us of their intent to re-develop the property. Consequently, we have to close business in that location effective 2nd May 2017.”

All the employees , 104 in number were taken to other branches as the chain promised to reopen the branch in a new location

2. Tuskys Ruaka

The Ruaka branch was blamed on the launch of Two Rivers Mall, but it raised eyebrows when Naivas bought all their stock and relaunched it few days later.

3.Tuskys Hyrax

Tuskys Hyrax in Nakuru was largely blamed on market saturation and poor feasibility study

4. Tuskys Sheikh Karume Road

The closer of the branch was largely blamed on fall out with the tenant.

At that time, Tuskys management provided no clear comment after the vacation in February 2017.

5.Tuskys Fire Station Store

After failing to agree on lease terms, the store lost its lucrative space to Eastmart, one of their top rivals in the CBD back then in 2013.



You Might Also Like

Build a Powerful Online Presence with Paid Article Placement in Kenya

Corporate Governance Scores Drop Among Kenyan Companies, Says CMA 2023/2024 Report

Botswana Businesses Relaunches as the Premier Resource for Entrepreneurs and Business Leaders

20 Black Instagram Models with the Most Followers in 2024

The 10 Best Kenyan Hip-Hop Artists of All Time

TAGGED: branches, Business, shut down, tuskys

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Editor January 20, 2019 January 21, 2019
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Toyota Trainee Program Open For Applications
Next Article 10 Kenyan Celebs Who Are Struggling With Miscarriages
- Advertisement -

Latest News

Samidoh Under Fire After Politically Charged Chant, Shares Defiant Post from the UK
Entertainment May 30, 2025
Wycliffe Oparanya Beams with Pride as Son Graduates from Princeton University
Life Style May 30, 2025
Kenya Mourns the Death of Literary Icon Ngugi wa Thiong’o as Daughter Wanjiku Pays Emotional Tribute
Breaking News May 30, 2025
Juma Jux and Priscilla Ojo’s Glamorous Wedding Sparks Talk as He Urges Bahati to Marry Diana Marua
Entertainment May 30, 2025
Mulamwah and Ruth K Spark Reconciliation Rumours After Birthday Post Drama
Entertainment May 30, 2025
Blogger Njambi Fever Welcomes Baby Girl Weeks After Civil Wedding
Life Style May 29, 2025
Karen Nyamu Jokes About Wanting a Baby with Every Man She Dates in Candid Chat with American Woman
Entertainment May 29, 2025
Kenyan Celebrities Stun at Juma Jux and Priscilla Ojo’s Glamorous Wedding in Tanzania
Entertainment May 29, 2025
- Advertisement -
Follow US
© 2023 Youth Village Kenya By Nine80 Digital Media
Welcome Back!

Sign in to your account

Lost your password?