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Place Category: Local BusinessPlace Tags: Naivas Ngong Branch

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  • Location

    The company headquarters, as well as the company’s warehouses, are located in Sameer Business Park, in the Industrial Area of Nairobi, the capital and largest city of Kenya.[2] The coordinates of the headquarters of Naivas Limited are: 01°19’36.0″S, 36°52’04.0″E (Latitude:-1.326667; Longitude:36.867779).[3]

    Overview

    Naivas is headquartered in Nairobi, with retail outlets in many urban centres in the country. The chain is the one of the country’s largest supermarket chain behind competitors Nakumatt and Tuskys. Naivas recently opened a state of the art food market store, the first in East Africa.It has no stores outside of Kenya.[1]

    History

    Naivas Limited was registered on 24 July 1990. It previously traded as Rongai Self Service Stores Limited, serving mainly in Rongai in Nakuru County. The company name was changed later to Naivasha Self Service Stores Limited, before re-branding to the current Naivas Limited, in 2007.[4][2]

    In August 2013, the Johannesburg Stock Exchange-listed Massmart, a subsidiary of retail giant Walmart, offered to acquire a 51 per cent stake in Naivas at a cost of KSh3 billion, giving Massmart a controlling interest in the retail chain.[5] The bid triggered a feud at family-owned Naivas, and some family members asked a court to block the sale.[6] In October 2013, Naivas management stated that they were no longer selling a controlling stake to Massmart.[7] On 16 July 2014, Naivas opened a store in Garissa, making it the first major retailer to open an outlet in the town. This was Naivas’ 31st branch in Kenya.[8]

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