Today, hypermarket and Supermarket chain, Carrefour, has confirmed that they will be taking over six stores in Uganda currently operated by South Africa’s Shoprite, which will exit that market by the end of the year.
Carrefour is owned and operated by Majid Al Futtaim in Uganda. Earlier this year, they opened a second store in Naalya, along the Northern Bypass, to add to Oasis Mall.
The six stores are located in Acacia Mall, Village Mall, Victoria Mall, Lugogo Mall, Clock Tower, and Arena Mall.
“We welcome the opportunity to bring our unique Carrefour offering of unbeatable value, range, international standards to more customers across Uganda,” commented Hani Weiss, CEO at Majid Al Futtaim Retail.
Shoprite’s exit from Uganda follows that from Kenya, as the South African-owned supermarket chain scales down on operations outside of South Africa. On the other hand, Majid Al Futtaim sees Carrefour’s acquisition of these stores as representing their continued investment in East Africa. We look forward to strengthening our offering in the region and supporting local talent through employment and career development opportunities.