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Nairaland Forum / Nairaland / General / Business / Shoprite To Leave Nigeria After 15 Years - News24 (65591 Views)
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Re: Shoprite To Leave Nigeria After 15 Years - News24 by Surulereman(m): 9:51am On Aug 03, 2020 |
post=92403340:Check out ROBAN STORES in Enugu, Awka and Abakiliki. It is the Nigerian equivalent of ShopRite. 5 Likes |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by GamalNasser: 9:52am On Aug 03, 2020 |
Tetehjewels: If you ever thought correctly for once you won't even be supporting Buhari ..If Buhari is announced as CEO of Amazon today by tommorow Amazon stock prices will be down by half 3 Likes |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by Vulcan24(m): 9:54am On Aug 03, 2020 |
Zenithpeak: it is illetrates like you that makes the long queue it is a place for multiple shopping not single item purchases Be guided on public speaking 1 Like |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by Jeffyblaq(m): 9:55am On Aug 03, 2020 |
Solatium:There are alot of money bags in the country willing to do that.. Just that we have unhealthy government policies causing stumbling blocks for such people to invest in.. You know the rest that goes with it.. Very pathetic! |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by HMarshal(m): 9:56am On Aug 03, 2020 |
Iamgrey5: The pandemic prolly being the straw that broke the camel's back,nigerias economy is really messed up. Good luck to em tho. 1 Like |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by Nobody: 9:56am On Aug 03, 2020 |
GamalNasser: Amazon is an online trading platform and this made them the richest since they tapped into the 21st century digital age. ShopRite should have created an online shopping presence. This is not about Buhari. Get it into your obtuse memory banks. This is about the lack of ingenuity of ShopRite. Besides this is not even a loss to Nigeria. It is rather a loss to South Africa because their monies and profits end up there and not in Nigeria. This is Nigeria's gain. |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by chyket(m): 9:58am On Aug 03, 2020 |
It's Competition that is chasing them away! They had it so good when they started initially but as Nigerians started developing the Shopping Mall culture,a lot of new entrants entered in suburbs and communities and cut off many of their former Customers. The Corona virus pandemic also pushed Nigerians into online shopping and their Customer base was further eroded hence this decision to consider quitting. |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by Gazzy88(m): 9:58am On Aug 03, 2020 |
Iamgrey5:Lebanese are the ones that buy businesses like this. |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by Surulereman(m): 9:58am On Aug 03, 2020 |
Vulcan24:You are very rude. Can't you make a comment without insulting someone who chose to buy bread at ShopRite? I wonder who is the illiterate here. Check your spelling of illiterate, Mr Literate. 6 Likes |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by GamalNasser: 9:58am On Aug 03, 2020 |
folarr: Guy forget it I am a Nigerian hero in my own Little way and Buhari is a disaster ..People like you are the problem when you see black and try to paint it white because of selfish reasons ...Can you hire Buhari to take care of your dog ? So at you your age you don't know that all bUharis actions and inactions affects the Economy in very diverse ways ..I can break it down for you how Buhari killed the Nigerian Economy but I don't have that time now because I have a lot of work on my desk today 9 Likes 1 Share |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by GamalNasser: 10:01am On Aug 03, 2020 |
Tetehjewels: Name one e commerce retailer that is doing well ..I hope you know even Jumia has not turned in single profit in NIGERIA ?...Online indeed you people are just living off free govt salary so you don't know what's happening 7 Likes |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by Nobody: 10:03am On Aug 03, 2020 |
Why should they go They didn't even bring any branches to pH in their 15 years of operation |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by Bizibi(m): 10:03am On Aug 03, 2020 |
martineverest:our economy is bad qed. The purchasing power of Nigerians now is dwindling....every business is struggling. |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by UyaiIncomparabl(f): 10:03am On Aug 03, 2020 |
I don't like this news. Blenco and its ilks have been dipping holes into people's pockets since time immemorial. Where will I be buying extremely cheap stuff when they leave? I know this may sound stupid but I am sad. They have just rendered many people jobless. 1 Like |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by tot(f): 10:03am On Aug 03, 2020 |
Tetehjewels: I get your point on convenience based on distance but this line above stood out. Why should going to a store be equivalent to risking one's life, if insecurity is that HIGH then there's a huge problem beyond shoprite's exit. There is also the issue of exchange rate if they are having to remit revenues in Naira to ZAR. 1 Like |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by Gazzy88(m): 10:04am On Aug 03, 2020 |
Shoprite can go. We already have justrite |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by Nobody: 10:04am On Aug 03, 2020 |
JesusJesus: Nugga u don't even have postcodes lol |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by Nobody: 10:06am On Aug 03, 2020 |
tot: My point was not about insecurity. My point is about accidents which are pretty rampant. Like I said, I would rather walk to the mini mall around my neighbourhood than drive 5km to ShopRite. |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by Litmus: 10:08am On Aug 03, 2020 |
Jeffyblaq: What are these unhealthy government policies, please; genuinely, I want to know. |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by ehinja: 10:09am On Aug 03, 2020 |
Some heavy behind the scene moves here as i cant believe shoprite will pack out of Naija based on economics only. Someone or something must have gotten to them. We will hear soon enough. |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by Vulcan24(m): 10:09am On Aug 03, 2020 |
Surulereman: e pain am..... sorry, but ibadan ppl nor dey hear word |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by Solatium(m): 10:10am On Aug 03, 2020 |
Openbusiness4: Motorcycle hailing venture is not a viable business,where else in the whole world do they embrace Okada as a means of transportation within a cosmopolitan city like Lagos? Jumia was sold to an Egyptian by its former Nigerian/Ghanaian owner, unfortunately the new investor do not have the drive to push it beyond what was built couple with the fraudulent and dishonest activities of those who sells on the platform. We do not need economic Killers like Walmart ASDA and the rest of the crew who are solely interested in killing the local content by retailing solely imported goods,who are only interested in repatriating funds to their home country,we need our own local identity,if the likes of Justrite,Addide,Blenco and Jendol, can be making Waves,if the likes of Spar could be here and still trying to survive the local competition to hell with Walmart 5 Likes |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by Nobody: 10:11am On Aug 03, 2020 |
GamalNasser: I run and own my own business and it is thriving. Government funds or intervention are not for my kind. Perhaps we are just having a conversation for the first time on nairaland which is why you do not even know me. Sniff around and find out. My business is also digital and depends on an online presence. Carve a niche, target your market, make your prices right and you have a winner. 1 naira difference between product A from shop A and same product in shop B says a lot. This is why shops or online shopping platforms always place prices at 29.99 and not exactly 30. That 1 cent gets the market. Learn and evolve is my advice to you. 3 Likes |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by TroubleMaker47(m): 10:11am On Aug 03, 2020 |
Chirowman:Those job losses be mitigated by the expansion of Nigerian retail stores! And the profit that would hv left the country would now be spent in the country |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by Thelucifer666(m): 10:11am On Aug 03, 2020 |
Luckydubby7:Explain more on this jumia matter. I'm truly scared for the future of this country |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by tot(f): 10:12am On Aug 03, 2020 |
Tetehjewels: That is still a problem IMHO. How can an environment be such that high accident rate is a factor in going to the supermarket?! That's a big red flag and brings up even wider issues. Convenience, yes I get. But accident rate being a consideration within a 5km distance is an issue. |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by Nobody: 10:12am On Aug 03, 2020 |
Nigsrdumb: This is why we have drop shipping. Post codes are not required |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by Kayouzka(m): 10:12am On Aug 03, 2020 |
Hmm |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by tot(f): 10:13am On Aug 03, 2020 |
Surulereman: Some people have no manners. Arrogant prick. |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by tot(f): 10:13am On Aug 03, 2020 |
[s] Vulcan24:[/s] 1 Like |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by Nobody: 10:14am On Aug 03, 2020 |
GamalNasser: 1. Leventis and Kingsway were still operating long after Buhari left office in 1985 . UTC too was still operating till the early 90s. The last time I recall visiting a Kingsway was in 1989. Leventis was still active as at 1999. Buhari is a bad leader,but in 1983 when he took over the economy was already on a downward trend,and itgot worse under IBB. 1 Like |
Re: Shoprite To Leave Nigeria After 15 Years - News24 by Solatium(m): 10:15am On Aug 03, 2020 |
Jeffyblaq: Those are not money bags,they are hustlers,a money bag always have friend's in government,they are always part of the government,they policies always favors them in 98% of the time. unfortunately they have never been into a honest business,they prefer to Warehouse their money and steal more from the government via elephant projects. The Day Dangote announces he will go into such retail business is the day you will see other money bags lining up to do the same. Bulk of our money bags no get Business sense.QED 5 Likes |
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