BREAKING: Shoprite to close Abuja Mall by June 30.

Retail Supermarkets Nig Limited operators of Shoprite Mall announced that it will cease operations at its Wuse, Abuja branch on June 30, 2024.

The company disclosed this in a circular signed by Chief Executive Officer Dr. Folakemi Fadahunsi on behalf of the retail supermarket, which was obtained by Nairametrics.

It attributed the reason for the decision to the current business climate in the country and the process was a thorough evaluation of the store’s financial performance.

Additionally, vendors were informed that their services would no longer be required at the location and it will review its financial records in the next 60 days and contact those on amounts owed and payment schedule.

It 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.”
Additionally, vendors were informed that their services would no longer be required at the location and it will review its financial records in the next 60 days and contact those on amounts owed and payment schedule.

It 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.”