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Tuskys Supermarket on Brink of Collapse Amid Debt and Empty Shelves

N

Nyakundi Report

Newsroom 1 min read

This archive report was first published on 20 July 2020.

Published on July 20, 2020, Tuskys Supermarket has been struggling to stay afloat amidst a Sh. 1.2 billion debt to suppliers.

The retailer, which has been compared to the fallen Nakumatt, has seen its suppliers stop their arrangement due to non-payment. The New Kenya Cooperative Creameries (New KCC) has also halted milk deliveries worth Sh. 80 million per month due to non-payment.

According to court papers, Tuskys recorded a 35 per cent drop in sales for April and May, with a monthly wage bill of Sh. 200 million that it is now unable to sustain.

As the company's troubles mount, its CEO, Dan Githua, has taken to social media to pray for the supermarket's survival.

"The Lord will not allow Tuskys to die! Amen!" Githua posted on Twitter.

However, the retailer's current woes have been attributed to non-payment of suppliers, a problem that has plagued the company for years. The supermarket has also been dogged by sibling rivalry.

A shopper, Joshua K. Njenga, even took to social media to pray for the supermarket, saying, "Lord, If you allow Tuskys to die, Please save their white bread. I am addicted."

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