Shoprite Nigeria shuts down another outlet over ‘negative financial performance’.
Retail Supermarket Nigeria Limited (RNSL) operating as Shoprite Nigeria, has announced the closure of another of its Nigerian outlets, the Ado Bayero Store in Kano, citing consumer buying power, high cost of doing business, rental cost and negative financial performance. Announcing the closure, in a statement issued yesterday, Tuesday, its Chief Executive Officer, Hubertus Rick, statedRead More
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