The retailer has since 2020 being struggling to dig itself out of a financial hole.
The latest turn of events has exposed the retailer’s troubled financial position further.
There’s seems to be no end in sight for the troubles facing struggling supermarket chain Tuskys. This is after one of its prime properties in downtown Nairobi was listed for auctioning.
Auctioneers yesterday issued a two weeks’ notice pending the sale of Tuskys Imara, a five-storey commercial property located on the junction of Kenneth Matiba (formerly Accra) Road and Tom Mboya Street in relation to an unpaid bank loan, an official from Antique Auctions told the Nation.
