Optimism grows as Kenyan retailers adapt to changeOBGplus
The retail sector in Kenya has faced a number of challenges in recent years. The collapse of two of its main supermarket chains dealt a major blow to the sector, affecting mall footfall and supplier’s balance sheets, and taxing goodwill. However, with the economy strengthening, foreign investors entering the local retail market and the middle class continuing to grow, prospects remain positive. Conversely,…