WHY IS YOUR STAFF STEALING?

UCHUMI CLOSES TWO BRANCHES IN UGANDA, SENDS 180 WORKERS HOME

Uchumi Supermarkets has sent 180 workers on forced leave after closing two branches in Kabalagala and Nateete in Kampala, Uganda.

The two branches were closed on Sunday and Monday respectively.

Early last week, the Kabalagala branch was closed after Umeme cut off power supply to the outlet over a Sh70m electricity bill.

DON'T TAKE SWEETS FROM SUPERMARKETS AS CHANGE

The Central Bank of Kenya (CBK) has warned supermarkets against issuing alternative goods to shoppers instead of currency without their consent.

The CBK said it has enough stock of coins and asked the public to report if they are given the products instead of the currency.

IF WE WERE LOSING 100M IN A MONTH WE WOULD CLOSE THE SHOP IN THREE MONTHS

TUSKYS CEO CONTRADICTS WITH CLAIMS OF LOSING OVER 100M SHILLINGS A MONTH THROUGH EMPLOYEE THEFT AS HIGHLIGHTED ON BUSINESS DAILY

Tuskys supermarkets has refuted claims that it is losing over 100M shillings a month through employee theft as alleged by a section of the media. 

Speaking exclusively to K24Tv, The Chief Executive Officer further said the supermarket chain still retains the services of HIPORA Business Solutions East Africa consultants, in an effort to minimize losses accrued from employee theft.

BEFORE YOU ARE READY TO OPEN YOUR DOORS TO THE PUBLIC, HERE IS ONE THING YOU SHOULD KEEP IN MIND.

Setting up a great business space that is optimized for sales and traffic involves paying attention to aesthetics as well as functionality. When you do a good job of merchandising and displaying your products, it can boost the attractiveness of your store and ultimately increase its profitability.

LURE (ATTRACT) CUSTOMERS IN WITH THE WINDOW DISPLAY

 If your window display is appealing, passersby are more likely to want to enter the store and browse. Since these displays communicate volumes to potential customers about your store, arrange them with the utmost care and thought. You may want to first check out your competitors, understand their style and visual approach, and then attempt to make your window displays look even more attractive than theirs.

UCHUMI SUPERMARKET OWNERSHIP AS AT APRIL 2015

As of May 2014, the shares of stock of the retail chain were listed on the NSE, where they traded under the symbol "UCHM".
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The shares were also cross-listed on the Rwanda Stock Exchange and the Uganda Securities Exchange. The company obtained regulatory approval to cross-list on the Dar es Salaam Stock Exchange, effective 15 August 2014. 

The six largest shareholders in the company as of April 2015 were:

KIPNGETICH LEAVES EQUITY TO HEAD STRUGGLING UCHUMI: After CEO Jonathan Ciano was sacked Uchumi Supermarkets has appointed Julius Kipngetich as the new Chief Executive Officer

Uchumi Supermarkets has appointed Julius Kipngetich as the new Chief Executive Officer as the retail chain looks forward to restructuring with a view of improving services and general performance.

Kipngetich has been the Chief Operating Officer at Equity Bank since 2012 and previously headed the Kenya Wildlife Services for eight years

UCHUMI POACHES KING’ARA FROM NAIVAS TO BE COO

Uchumi Supermarkets Board Chairperson Khadija Mire said the appointment of King’ara is part of the company’s effort to fast-track its turnaround process by improving governance and operational efficiency

NAIROBI, Kenya, Aug 21 – Uchumi Supermarkets has poached Naivas Supermarkets Retail Business Executive Willy King’ara to be the new Chief Operating Officer (COO).

The appointment of King’ara, an economics graduate from the University of Nairobi, is the first in a number of key positions including that of the CEO, Chief Finance Officer and Head of Human Resources, left vacant following recent management changes.

INVENTORY PROTECTION: PROFESSIONAL METHODS OF PREVENTING SHOPLIFTERS

Shoplifting is the act of knowingly obtaining goods from an establishment in which they are displayed for sale, without paying for them. Usually shoplifting involves concealing items on the person or an accomplice, and leaving the store without paying.

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SHOPLIFTING CONTROL METHODS

Shoplifting is common because it is a relatively unskilled crime with low entry barriers that can be fitted into a normal lifestyle. People of every nation, race, ethnicity, gender and social class shoplift. 

TUSKYS SUPERMARKET SHAREHOLDING AS AT AUGUST 2014

Tuskys is a wholly Kenyan, privately held company owned by seven children of Joram Kamau, the founder of the business who died in 2002.

The table below summarizes the shareholding within the company as of August 2014.

NAKUMATT HAS WITHDRAWN NESTLE'S MAGGI NOODLE BRAND FROM ITS SHOPS IN FIVE COUNTRIES

Nakumatt the biggest supermarket chain in East Africa has withdrawn Nestle's Maggi noodle brand from its shops in five countries, amid concerns over food safety.

SHOPLIFTERS STEALING SH3BN ANNUALLY

Shoplifters who were caught under camera surveillance as they tried to shoplift 23 cans of Red bull from a supermarket. Retailers says problem with the law is that shoplifters are treated as petty offenders and are usually released on a Sh3,000 to Sh5,000 bond

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