Tuskys Supermarket. [PHOTO/the-star.co.ke]
Tusker Mattresses Limited has confirmed they are moving in to aid the recovery of Nakumatt Holdings through a restocking programme.
The strategic programme to be undertaken progressively will be mutually exclusive of the current legal processes.
It will be aimed at providing a life support space for Nakumatt ahead of a proposed corporate merger which will be subject to regulatory approvals.
Speaking after confirming the restocking programme, Tusker Mattresses CEO Dan Githua termed the initiative as a strategic corporate nursing exercise.
He said the restocking programme is being undertaken together with leading retail suppliers as part of a mutual drive to support Nakumatt’s recovery.
Tuskys has already facilitated restocking of Nakumatt Village Hypermarket and Nakumatt Ukay Supermarket in Nairobi.
“As part of a strategic corporate nursing exercise, Tuskys has commenced the restocking of key Nakumatt branches. This exercise will be stepped up through the month of November and into the festive season with the support of key suppliers,” Githua said