Home News Kano ShopRite Moves To End Operation

Kano ShopRite Moves To End Operation

Ado Bayero ShopRite Mall, Kano

Nigeria’s economic circumstances seem to be causing many business firms to operate at a slower pace after the contentious election. This comes as ShopRite, another international corporation, prepares to close its doors in the Northwest, Kano location, following the exits of GKS and P & G.

Meanwhile, the decision was made public after a circular signed by the Retail Supermarket Nigeria Limited (RSNL) on Thursday, December 14, 2023, to lay off its workers, as discontinuation is the best option for the company due to the business climate condition in Nigeria.

The circular in parts reads:

  • “I regret that our store in Ado Bayero Mall, Kano, will be closing its doors on January 14, 2024. This decision was not made lightly, as we understand the impact it may have on our employees and the community. However, after careful evaluation of the financial situation of the store and the current business climate, we believe that it is the best cause of action for the long-term growth of our organization.  
  • “We understand that this news may be difficult to digest. We want to assure you that we are here to support you during this transitional period, your well-being is our top priority, and we will do everything we can to assist you in finding new opportunities within our company, we encourage you to apply for any vacant position in existing our store across the country through the Human Resources department”

This news follows Jumia Food’s recent declaration that it will stop operating in Nigeria by the end of the month, citing the country’s high operating costs and growing economic concerns.

About The Author

Related Articles

Bandits Attack

Bandits Kill Two, Abduct NYSC Members on Ifon/Owo Road in Ondo

According to reports, bandits launched a deadly attack on passengers travelling along...

Police suspected Kidnappers

Lagos Police Unable to Identify 9 Killed Suspected Kidnappers in Mushin

The Lagos State Police Command has said it cannot identify the nine...

Enugu Anti-malaria Drugs

Enugu: Health Director Cautions Against Unnecessary Use Of Anti-Malaria Drugs

Dr Uchechukwu Okenwa, Director of Public Health and Disease Control at the...

Ethiopian Airlines Removes Passenger to Accommodate Minister on Flight
Human RightsNews

Ethiopian Airlines Removes Female Passenger to Accommodate Minister on Flight

A female passenger was removed from her seat without an apology from...