Wednesday, 5th October 2022
<To guardian.ng
Search
Breaking News:

After #EndSARS looting, Shoprite reopens mall, closes Maryland shop

By Gregory Austin Nwakunor
31 January 2022   |   2:49 am
Retail Supermarket Nigeria Limited (RSNL), owners of Shoprite in Nigeria, has announced plans to reopen the Circle Mall Store. The facility, which is located in Jakande, Lagos,

[FILES] Shoprite

Retail Supermarket Nigeria Limited (RSNL), owners of Shoprite in Nigeria, has announced plans to reopen the Circle Mall Store. The facility, which is located in Jakande, Lagos, was shut following the vandalism that erupted after the #EndSARS protests in October 2020.

Chairman of RSNL, Tayo Amusan, said the reopening serves as opportunity to show customers that the dogged Nigerian spirit runs deep, even as the team works to optimise its operations for continued productivity.

“We’re excited to be reopening after a long hiatus. We have had tremendous support, and we are looking forward to once again, opening our doors to our customers in the Jakande, Lekki area and its environs,” he said in a statement.

However, the Shoprite Maryland, in Lagos, will cease operations.

“We have made the difficult, but necessary, decision to discontinue business operations from Maryland, for now,” Amusan stated.

We thank the surrounding community for years of patronage and loyalty. Our commitment to Lagos State is unwavering and we look forward to providing area shoppers with enhanced shopping experiences in the future,” Amusan explained.

“We remain steadfast in our commitment to support the growth of the Nigerian economy even as we explore opportunities to expand our network of outlets, thereby providing employment opportunities for Nigerians. We are also exploring opportunities to partner with more local farmers and small business owners to optimise agribusiness across Nigeria to considerably increase agricultural yield in the country,” he added.

The retail outlet has also announced plans to open new stores in Kaduna, Port Harcourt, Benin and Jos as part of its expansion plans, increasing the company’s presence to almost 30 stores in the country.

He said: “RSNL is looking to achieve faster growth, have greater impact, and allocate resources, including its workforce (comprising 2,000 workers, 99 per cent of whom are Nigerian citizens) to more profitable investments. Since acquiring the business in June 2021, we have achieved very impressive, above inflation, growth in sales and are looking to build on that success while continuing our investment in different parts of Nigeria, with the support of our stakeholders.”

With the new store openings, Shoprite will be building on its existing store locations across 11 states and the Federal Capital Territory. The management plans on expanding to other states, creating employment opportunities, partnering with more local businesses and playing a major role in growing the Nigerian economy.

In this article