Shoprite has confirmed the impending closure of its branch located within Novare Central Mall in Wuse Zone 5, Abuja, effective June 30, 2024. The decision was communicated through a statement signed by Chief Executive Officer Dr. Folakemi Fadahunsi on Monday.
An anonymous employee at the
store corroborated the closure, stating, “Yes, it is true, we just heard it
here too.”
The closure was attributed to a
thorough assessment of the store’s financial performance and the current
business environment. The company also notified vendors that their services
would cease at the affected location.
In a circular addressed to
vendors, Shoprite stated, “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.”
Shoprite also committed to
conducting a review of its financial records over the next 60 days to settle
any outstanding balances.
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