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ShopRite to exit Nigerian market after 15 years

guardian.ng/news/s...

submitted over 5 years ago by anane

 ShopRite to exit Nigerian market after 15 years

submitted over 5 years ago by anane

 ShopRite to exit Nigerian market after 15 years
  • ShopRite, a South African grocery retailer, is leaving Nigeria after 15 years due to challenges like store closures and currency devaluations.
  • The company is considering selling its Nigerian operations to potential investors and faced difficulties in attracting customers due to unclear positioning and competition from local brands.
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