Dubai based Carrefour supermarket chain is set to finally take over the stores that have been under the ShopRite brand for the past years the South African brand has been in Uganda.
The branches to be taken over are six and these are located at Arena Mall, Clock Tower, Acacia Mall, Lugogo Mall, Village Mall and Victoria Mall.
This agreement is expected to boost the existence of Carrefour which is owned by the Majid Al Futtaim franchise in the East African region.
Further ShopRite Checkers Uganda Limited stores and the mobile assets will be transferred to Carrefour.
Hani Weiss the CEO of Majid Al Futtaim Retail in a statement said that they were glad to extend their unbeatable services to the region.
“We welcome the opportunity to bring our unique Carrefour offering of unbeatable value, range, international standards to more customers across Uganda,” part of Mr Weiss’ statement read.
He further said that they are looking forward to developing local talent besides bringing development in the region.
“This agreement represents our 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,” another part of the statement said.
ShopRite has already closed a number of stores in Africa and East Africa in Kenya as it looks to concentrate on operations in South Africa.
The Dubai based Majid Al Futtaim Enterprise already has two supermarkets in Uganda under the Carrefour name.
Both brands said that they are doing all possible to make a swift movement of the transactions involved.
Carrefour has already boosted it’s operations in Kenya and is one of the biggest retailers there.