Shoprite controls 22% of Nigeria’s formal retail, future to be driven by indigenous retailers
Nigeria’s retail market faced a myriad of challenges following the recession in 2016.
Tag: Shoprite
Shoprite lays off 115 workers, shuts down second branch in 5 months
The company has been reviewing its long-term options in Africa after currency devaluations.
Shoprite Nigeria is worth at least N25 billion
N25.6 billion price tag is only reflective of what Shoprite Nigeria's operations is worth on paper.
Why Shoprite is exiting Nigeria
Shoprite's intention to divest from its Nigerian operations appears to be anchored on these factors.
Shoprite’s owners to leave Nigeria after 15 years
Shoprite announced its plan to sell off its Nigerian operations.
Shoprite’s sales drop by 8.1% in Nigeria in H2 2019 over Xenophobic attacks
The supermarket arm of Shoprite Holdings in Nigeria lost 8.1% of its sales in constant currency terms at the end ...
Black Friday 2019: Are store customers striking gold?
The shoppers on Friday, November 29, made their way into different shopping malls across the country.
How are you shopping this Black Friday?
It’s that time of the year again when shoppers look out for the best deals. That’s right, the 2019 Black ...
Xenophobia: Nigerian Police arraign 83 for attack on South African owned businesses
The Nigerian Police, Lagos State Division has arraigned 83 persons said to be suspects in the attack and looting of South ...
MTN closes centres across Nigeria after being attacked in three States
MTN Nigeria has announced that all its stores and centres would be closed across Nigeria after its facilities, customers and some stakeholders were ...
