Quickmart Supermarkets plans to expand its network from 72 to 125 branches by 2030, Business Today Kenya reported. The plan follows the retailer's KSh 15 billion listing on the Nairobi Securities Exchange.
Quickmart branches: now and 2030 target
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72
125
Now2030 target
Source: Business Today Kenya (headline says 53 new stores)Table
Quickmart Supermarkets is preparing a major expansion of its retail network, Business Today Kenya reported on Friday. The retailer plans to increase its branches from 72 to 125 by 2030. It aims to strengthen its position in Kenya's supermarket industry.
According to the outlet, the growth strategy has several parts. Quickmart will open new outlets and push to raise sales at its existing branches. The new target follows the company's listing on the Nairobi Securities Exchange, which Business Today Kenya described as a KSh 15 billion listing.
The report did not say where the new branches will be, how the expansion will be funded or when the first new stores will open.
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