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Will Walmart's Coming End Igbo Business In Nigeria? - Business (3) - Nairaland

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3 Life Lessons To Learn From The Nigerian Igbo Business Men / Walmart Nigeria: Good Or Bad Idea? (Ngozi Okonjo-Iweala) / Walmart In Nigeria (2) (3) (4)

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Re: Will Walmart's Coming End Igbo Business In Nigeria? by Biafrarep(m): 12:56pm On Jul 04, 2012
Biggysmalls919: why should the coming of walmart be problem to this country? If the ibos or igbos don‘t want a walmart store and prefer to be selling those fake products in the south east, let ohaneze come out and speak for them. As for the rest of us walmart is highly welcome because we need jobs and mega modern stores to beautify our cities!
listen 2 urself, u peasant! So what u call jobs is pushin troleys, scrubing floor and washing toilets rather than owning ur business? I put it 2 u dat u r a lowlife peasant wit a slave mentality!

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Re: Will Walmart's Coming End Igbo Business In Nigeria? by iloike(m): 1:22pm On Jul 04, 2012
Jcjames: O taa kanyi huwara hausa na uta.
Let them come now!, then we will show them 'nke toro biati'.
They never see anything.
Tell them, no be today!
Re: Will Walmart's Coming End Igbo Business In Nigeria? by Reference(m): 2:45pm On Jul 04, 2012
OmanIman: 1st it was Shoprite,then Spar and anothr Shoprite in abj!Nw Walmart?Haba dis shld stop!Govt shld encourage local enterpreneurs.Makes me feel all we'll ever do in dis country is jus to "Consume" till thy kingdom come!V sad!Enof of dis "Super Stores"!

They are just retailing and not manufacturing anything so how are they a threat. I rather think the competition is welcome as they will up the ante in terms of product and service delivery as they purchase locally made goods and products.
Re: Will Walmart's Coming End Igbo Business In Nigeria? by MacLovington(m): 3:04pm On Jul 04, 2012
londoner: Walmart will cater for the emerging middle classes.

The markets will still be there. Just like in the UK, we have all the big names, but the markets are still there to buy both food and clothing etc.
.

Are you not aware of how the high street shops are closing down daily across UK?? Large Tesco and Asda stores are sqeezing them out.

In my area, lots of local shops have been replaced by Ladbrokes, W. Hill and payday loan shops.

To underestimate the future effects of the foreign big shops will be a typical Nigerian myopia.
Re: Will Walmart's Coming End Igbo Business In Nigeria? by 9jafreak: 3:13pm On Jul 04, 2012
Why sell it in the store when you can sell it on the street? Jadakiss "Why"

Re: Will Walmart's Coming End Igbo Business In Nigeria? by Nobody: 3:40pm On Jul 04, 2012
Walmart tenure is limited, people are rushing there now just because its their 1st time of this kind of shopping experience, soon they will all realize that you can get cheaper and better quality products inside open markets. an electric cooker i bought costly in Shoprite takes 3hrs to boil hot water!! SMH!!!
Re: Will Walmart's Coming End Igbo Business In Nigeria? by Nobody: 3:57pm On Jul 04, 2012
Thank God at last,the prices of electronics and mainly phones would be reduced.can u imagine high end phones sold for 200 dollars abroad and wen u want to buy it here,dem go slap u with 120 thousand naira.a nice initiative indeed.
Re: Will Walmart's Coming End Igbo Business In Nigeria? by rhymz(m): 3:59pm On Jul 04, 2012
Worst come to worst, we sabotage them and force them to pack one corner. . Na today?
Re: Will Walmart's Coming End Igbo Business In Nigeria? by londoner: 5:19pm On Jul 04, 2012
MacLovington: .

Are you not aware of how the high street shops are closing down daily across UK?? Large Tesco and Asda stores are sqeezing them out.

In my area, lots of local shops have been replaced by Ladbrokes, W. Hill and payday loan shops.

To underestimate the future effects of the foreign big shops will be a typical Nigerian myopia.



I am aware of that, but you still have neighbourhood shops. I am not saying there will be no losses. You will also notice that shops like Tesco etc, also source from small businesses. All these superstore do not just stock own brand.

Like I said we still have markets in the UK, I have not heard of markets closing down. There are many things you just can not get from Tesco or Sainsbury. I know that when I shop for food for example, I will buy some things from larger stores and some from local stores. Even sometimes, when an item ca be purchased from a larger chain, they rarely compete on price.

The way Igbo businessmen and women are, they will adapt in a way that is to their advantage. Even if Walmart decides to stock local ingredients they will be supplied by local producers will they not?
Re: Will Walmart's Coming End Igbo Business In Nigeria? by Policewoman(f): 5:46pm On Jul 04, 2012
What a dumb post. Wallmart can never outdo igbo traders. Not in naija. This aint their turf.
Re: Will Walmart's Coming End Igbo Business In Nigeria? by Ekiti1: 9:16pm On Jul 04, 2012
rhymz: Worst come to worst, we sabotage them and force them to pack one corner. . Na today?
Re: Will Walmart's Coming End Igbo Business In Nigeria? by femorra(m): 9:53pm On Jul 04, 2012
There are changes everywhere in the world; communities are moving from jungle description to civilization and Nigeria cannot be different. I remember advising a staff of mine who was busy buying 'Danfo' in Lagos to start thinking ahead of acquiring 'Danfo' and key in into the innovation (buying of stateoftheart luxury buses to replace Danfos and Molues) the Lagos State was introducing. To my greatest surprise, he told me that such dream will NEVER work. This happened around 1998, but today Fashola has proved him wrong.
Sometime ago, I advised a cybercafe operator in Abuja to look beyond running a cybercafe because I foresaw a situation whereby everybody will have very cheap access to internet and cybercafe will be absolutely unpopular. That time has come.
Each time I entered NIPOST I shake my head. If the management was proactive, they would have seen from afar that internet was going to sweep them into history and would have planned to be relevant today.
Proactive: that is the solution. There is always a way out of any murky situation.
I will advise the Igbos traders to form a formidable association, employ a futurist who can counsel them appositely. I am of the opinion that they can still find their niche in Nigerian market if they are willing to 'wake up' to reality and of course, make relevance in other countries.
Days of deceits are over.
Let's jettison jungle mentality.
Re: Will Walmart's Coming End Igbo Business In Nigeria? by ajaniade1: 4:00am On Jul 05, 2012
I have lived in many small towns in the united states and have witnessed first hand what big stores like walmart and HEB does to small locally owned retail business. Its a job killer.
Re: Will Walmart's Coming End Igbo Business In Nigeria? by Wislet(f): 5:19pm On Jul 05, 2012
ochukoccna:
1-Last time I checked Shoprite&other malls dont do only grocery.
2-Many things R relatively cheaper there
3-Why R malls springing up daily?Ever heard of D word 'profit'?
4-D mall biz is buy in bulk&sell cheap.Guess what,every1 buys from China now
5-Walmart more financial muscle,its better structured to obtain loans&great deals
6-Not every1 digs shopping in 9ja dirty,crowded,noisy markets
Low self esteem? Shove off.
Re: Will Walmart's Coming End Igbo Business In Nigeria? by Wislet(f): 5:23pm On Jul 05, 2012
Do we truly have a government that cares for the progress of the nation and the people's welfare?
What is another foreign supermarket doing in this country??
Is this how they intend for the economy to grow?
Re: Will Walmart's Coming End Igbo Business In Nigeria? by tck2000(m): 12:55pm On Jun 02, 2019
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Re: Will Walmart's Coming End Igbo Business In Nigeria? by christopher123(m): 4:35pm On Aug 21, 2020
lagosapple:
It appears this guy is saying that the Igbo are finished with the coming of the super stores to Nigeria.

http://saharareporters.com/column/end-igbo-business-model-rudolf-ogoo-okonkwo

Have your say.

ShopRite is out and left and Ebeano mall owned by Igbo is expanding


what's your take

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