Nakumatt Supermarket has announced that all their branches in the country will be closed on August 8.
Through a notice on their Twitter handle, the retail giant said they would reopen on Wednesday, August 9.
The supermarket has been grappling with a serious financial crisis with records showing the outlet is in a Sh30 Billion debt.
Huge suppliers like Unilever which stocks fast-moving consumer goods like Omo, Lifebuoy, Rexona, Blue Band and Knorr beef cubes have suspended supplies to the retailer in the face of piling debt.
Earlier on, Thika Road Mall (TRM) also seized the supermarket’s goods, seeking to recover Sh51 million in rent arrears.
In June, the government announced that they would not bailout Nakumatt as the supermarket was a privately-owned company.
Nakumatt's announcement comes after Kenya Railways announced that the Standard Gauge Railway (SGR) Madaraka Express Train will suspend its services on August 8.
Kenya Railway Managing Director Atanas Maina stated that the train will halt operations to allow SGR staff and other service providers to vote.
