Business / Local
Tashas closes four branches as competition stiffens
22 Jun 2012 at 10:53hrs | Views
TASHAS, one of Bulawayo's largest emerging supermarket chains, has closed four of its branches as competition in the retail sector stiffens.
The supermarket closed three branches in the western suburbs and one in the city centre, making 40 employees jobless. The chain had 10 outlets in the city and rose to prominence at the height of economic challenges when established supermarkets failed to stock basics.
The public relations officer of Ocean Marketing, which owns Tasha's Supermarkets, Mr Joseph Ncube, said the supermarket was now branching into milling and bread making.
The general manager of Tashas, Mr Ronald Phiri, said the closed branches were in Mzilikazi, Entumbane, Old Magwegwe and 10th Ave in the city centre. The remaining outlets are in Emganwini, Pelandaba, Pumula, Lobengula, Fife Street and Herbert Chitepo Street in the city centre.
Mr Phiri said they had a running milling plant at Belmont that was producing the Oceans Brand mealie-meal, adding that next month, a bakery would start operating.
He said some of the employees in the closed shops would be absorbed by the new entities.
The supermarket closed three branches in the western suburbs and one in the city centre, making 40 employees jobless. The chain had 10 outlets in the city and rose to prominence at the height of economic challenges when established supermarkets failed to stock basics.
The public relations officer of Ocean Marketing, which owns Tasha's Supermarkets, Mr Joseph Ncube, said the supermarket was now branching into milling and bread making.
Mr Phiri said they had a running milling plant at Belmont that was producing the Oceans Brand mealie-meal, adding that next month, a bakery would start operating.
He said some of the employees in the closed shops would be absorbed by the new entities.
Source - TC
