Shoprite set to shut down Abuja branch June 30

Shoprite Mall has said that it will close one of its locations in Abuja on June 30, 2024. The branch is located in Wuse Zone 5 near Novare Central Mall. 

This was stated in a memo that our correspondent received on Monday and that was signed by the retail supermarket's chief executive officer, Dr. Folakemi Fadahunsi.

A staff at the store who pleaded anonymity also confirmed the report, saying “Yes, it is true, we just heard it here too.”

The well-known mall justified its choice by citing a careful analysis of the store's financial status and the state of the industry. It also informed vendors that the store would no longer require their services.

The circular partly read, “We regret to inform you that as of June 30, 2024, Retail Supermarkets Nigeria Limited will be closing its Wuse Store located in Novare Wuse Central Mall, Abuja. This decision has been made after a thorough evaluation of the store’s financial situation and the current business climate. We believe this is the best course of action for our organization’s long-term growth.

“Effective June 30, 2024, our company will no longer operate in Wuse, Abuja, and we will no longer require your services for the Novare Wuse Central Mall Store. Please note that all existing service contracts will also terminate for the store.”

Source