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    Tuskys Kisumu Branch Reopened After Retailer Paid Sh15 Million In Rent Arrears

    Eva NyamburaBy Eva NyamburaAugust 21, 2020No Comments2 Mins Read
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    Troubled Tuskys Supermarket has reopened it’s Kisumu branch located at United Mall, a day after auctioneers descended on the outlet, catching shoppers unawares.

    The retailer owed the mall owner a whopping Sh26 million in rent arrears.

    But according to news sources, the cash-strapped retailer has since paid Sh15 million and has promised to settle the remainder by Monday.

    “Kindly note that Tuskys has sent us a proof of payment for rent arrears up to the end of July. Kindly confirm receipt of the same,” Felix Apollo Owuor from Victoria Blue Auctioneer Services wrote to lawyers acting on behalf of United Mall.

    Further, Mr Owuor stated: “Please, note that we have to immediately open the supermarket since the attachment only took place for the arrears. Should there be any default for the August rent, kindly proceed to issue fresh instructions to enable us issue a fresh proclamation.”

    On Thursday evening, Tuskys CEO Dan Githua said the closure of one of their biggest outlet was a “misunderstanding” that has been resolved.

    “We assure our stakeholders that we have resolved the misunderstanding with the landlord, who has been a long-term partner,” he said.

    Apologizing to their customers, Githua mentioned that the supermarket will be restocked ahead of the reopening.

    Weeks ago, Legacy Auctioneering Services advertised the auction of the retailer’s electronic items, furniture and other household goods over unpaid rent in its Nakuru branch.

    Read Also  Tuskys Greenspan Mall Auction Following Sh30 Million Rent Arrears Put On Hold

    The instructions to auction the goods came from Riva plaza, which hosts the Tuskys Midtown branch in Nakuru.

    The ailing supermarket chain has been facing hard times and is looking to sell a majority stake to raise capital and funds to pay off suppliers.

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    Tuskys Supermarket United Mall
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    Eva Nyambura
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    Content creator at Kahawatungu.com | Passionate about telling the untold story. Lover of life, music and technology. Simplicity is KEY Email: Editor@Kahawatungu.com

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