ShopRite debunks rumours of leaving Nigeria
[NigerianEye - Nigeria] - 19/09/2025
Retail Supermarkets Nigeria Limited, the operator of the Shoprite franchise in the country, has debunked reports suggesting it is leaving Nigeria.The company, in a statement on Friday, was reacting to recent reports of empty shelves and temporary closures at some outlets.It explained that the current development was not an exit move but part of a “reset” of its business model aimed at stabilising operations and adapting to prevailing economic realities.It said it was undergoing a turnaround programme backed by new investors to adapt to Nigeria’s economic realities, including exchange rate (…)
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