Carrefour Kenya sales revenues for the year 2024 hit Sh42.9 billion. This is according to disclosures that have been made Carrefour Kenya operator Majid Al Futtaim in Kenya. These revenue sales were an increase of 15 percent from the Sh37.1 billion sales that were recorded in the full year 2023.
“Revenues grew significantly in key areas across our operating companies, with the diversification of our portfolio offsetting both the impact of economic headwinds faced in some markets and operational challenges in other areas of our businesses,” said Ahmed Gala Ismail, the chief executive officer of Majid Al Futtaim.
The growth in the retailer’s sales have now placed it among the largest retailers in the country. Currently, Carrefour has 28 outlets in the country, having entered the local market in 2016.
Carrefour was introduced to the region in 1995 by UAE company Majid Al Futtaim. The Company is the franchisee for Carrefour in over 30 markets across the Middle East, Africa and Asia. To meet the growing needs of its diverse customer base and communities, Carrefour offers omnichannel customer experiences tailored to the needs of the modern consumer.
Through its innovative physical and digital customer services, Carrefour provides access to an unrivalled choice of quality products, at an unbeatable value for the 750,000 customers it serves daily. Committed to supporting local economies, producers and suppliers in the communities it serves, Carrefour resources over 80 per cent of its products from the region.
Public Service Commission announces 1,493 job vacancies; See how to apply
The retailer is currently the third largest in the country behind Naivas Supermarkets which leads with 108 outlets, and Quickmart which is ranked second with 61 outlets across the country.
Carrefour also has a presence in the neighbouring Uganda. However, sales revenues are significantly lower when compared to Kenya. In 2024 for instance, the retailer recorded Sh5 billion sales only from its outlets in Uganda.
