CLEAN : Turmoil engulfs Kenya's supermarket success Nakumatt

The video discusses the challenges faced by the retail market in Kenya, including issues like fire, floods, terrorism, and economic shrinkage. It highlights the entry of new competitors, which is seen as beneficial for customers. The organization has experienced rapid growth, leading to financial strain, but remains confident in its future plans for investment and debt recovery.

What are some of the challenges faced by the retail market in Kenya?

• Lack of new competitors

• Natural disasters and terrorism

• Excessive government support

• Overabundance of resources

How has the entry of new competitors affected the retail market in Kenya?

• It has led to a monopoly.

• It has decreased customer satisfaction.

• It has caused a decline in market standards.

• It has raised the bar for customer service.

What has been a consequence of the organization's rapid growth over the last five years?

• Strain on liquidity and management

• Increased liquidity

• Decrease in brand recognition

• Reduction in market share

What is the organization's outlook on overcoming financial challenges?

• Pessimistic about future investments

• Confident in new investments and debt recovery

• Uncertain about the market conditions

• Indifferent to financial planning

What is the organization optimistic about in the coming weeks?

• A decline in customer base

• A reduction in market size

• A new strategic plan

• A decrease in competition