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Assets belonging to the collapsed Tuskys Supermarket chain will be sold through a public auction as the liquidation of the retailer continues.
In a notice dated January 14, 2026, Garam Investments Auctioneers, acting on instructions from the liquidator of Tusker Mattresses Limited, announced that the auction will take place on Friday, January 23, 2026, at 11:00 a.m. at the former Tuskys Supermarket branch in Athi River, Machakos County.
“Duly instructed by the liquidator of Tusker Mattresses Limited (in liquidation), the auctioneer will sell the listed goods through a public auction on Friday, January 23, 2026, at 11:00 a.m. at the former Tuskys Supermarket branch in Athi River, Machakos,” read the notice.
Garam Investments to Auction Assets of Tuskys Supermarket in Athi River
According to the auction notice, a wide range of supermarket and office equipment will be sold.
The items include supermarket shelves, trolleys and shopping baskets, CCTV cameras and digital video recorders (DVRs), copiers, mannequins, computer desktops, monitors, servers, printers, workstations, clothes stands and hooks.
Garam Investments said the auction is open to members of the public, with interested bidders required to inspect the items in advance.
Viewing will be conducted from January 15 to January 22, 2026, between 10:00 a.m. and 3:30 p.m., at the Athi River premises, excluding weekends and public holidays.
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The auctioneer noted that the items will be sold on an “as they are” basis, with bidders advised to verify the condition and details of the goods before placing bids.
To participate, bidders are required to obtain an auction catalogue, which can be downloaded free of charge from the auctioneer’s website or purchased for Ksh1,000. A refundable bidding deposit of Ksh500,000 is also mandatory and must be paid before the auction date. The deposit will allow bidders to bid on up to three lots, with additional deposits required for those seeking to purchase more items.
Unsuccessful bidders will have their deposits refunded within seven days after the auction, while successful bidders will be required to pay the full purchase price within 24 hours of the sale.
After making full payments, Successful bidders will have a grace period of two (2) working days to facilitate the release of the goods purchased.
Also Read: High Court Gives Bank Go-Ahead to Sell Tuskys Supermarket
What Led to the Collapse of the Supermarket
Tuskys, once one of Kenya’s largest retail chains, collapsed mainly due to mounting debts, cash-flow problems, unpaid suppliers, poor corporate governance, and aggressive expansion financed through short-term borrowing.
The retailer also struggled with rent arrears and supplier boycotts, which led to empty shelves and store closures.
The chain began facing public financial distress around 2020, with suppliers withdrawing stock, branches closing gradually and staff layoffs.
It was officially placed under liquidation on May 31, 2023, when the High Court Judge Justice David Majanja ruled there was no hope of rescue after a three-year battle with creditors.
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Photo of Tuskys Karasha Supermarket, one of the outlet that collapsed. PHOTO/NMG