Shoprite, a prominent grocery chain in Nigeria, is set to close its sole outlet at Ado Bayero Mall in Kano State on January 14, 2024.
The decision, communicated to employees on December 7, 2023, was based on a thorough evaluation of the store’s financial status and the prevailing business conditions.
Despite the anticipated impact on staff and the community, the closure aims at ensuring the long-term growth of the organization.
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The company expresses commitment to supporting employees during the transition, encouraging them to explore opportunities in other existing stores nationwide and upcoming openings.
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- Shoprite to shutdown January 14, 2024
While efforts to obtain comments from Shoprite management were unsuccessful, business operators at Ado Bayero Mall confirmed the January closure.
This announcement follows recent closures by global corporations like GlaxoSmithKline and Procter & Gamble in Nigeria.