₦airaland Forum

Guestlander:
Shoprite is bigger than all of them combined.

Market Square has about 30 branches in Nigeria alone, Everyday Emporium are more than 15, Roban is 10 branches, Next 2 branches, Ebeano 5 branches

MXrep:
Tayo own the franchise not the stores

I dey follow the argument..

You don dey change mouth lol

misano:
LOL

U are wrong, the Shoprite in Benin is for Edo State government, not Tayo. Tayo is the tenant not Edo State Government.

According to the master plan, the Shoprite will also house the Edo State Library, so are you saying government sold the land to Tayo then became a tenant to Tayo?

Edo or anyone on planet earth can own the property in which Shoprite is located in Edo. But the Shoprite brand everywhere in Nigeria is owned by Tayo's company. This is just the fact.

Guestlander:
That is a good thing. That is how businesses grow.

Equity Stake is buying ownership in a company, so why are you guys claiming the dude is the owner of ShopRite when others are part owners of the company

post=122928980:
Equity Stake is buying ownership in a company, so why are you guys claiming the dude is the owner when others are part owners of the company

Who are the owners of Dangote group, Microsoft, Tesla, Facebook and others? Does that mean there are no parties with equity stakes in those companies?

MXrep:
Lol, Polo Park Mall is Enugu State property irrespective of the contractor

Some politicians use that to hide their stolen wealth just like Polo mall Enugu and Spar mall own by Sulivan Chima

GeneralPula:
I dey follow the argument..

You don dey change mouth lol

How did I change mouth or are you mistaking me for someone else?

misano:
I am not talking about name I am talking about the mall. The mall belongs to different people.

Shoprite stores are always different from the malls.
In some instances as in Asaba mall,Shoprite too has a stake in the mall.

Guestlander:
Edo or anyone on planet earth can own the property in which Shoprite is located in Edo. But the Shoprite brand everywhere in Nigeria is owned by Tayo's company. This is just the fact.

Thank you. He only owns the brand name not the goods being sold

see igbo tears everywhere 😂😂😂😂😂😂😂😂

MXrep:
Thank you. He only owns the brand name not the goods being sold

You are not making any sense.

Guestlander:
Who are the owners of Dangote group, Microsoft, Tesla, Facebook and others? Does that mean there are no parties with equity stakes in those companies?

BOI is part owner of ShopRite get that to your brain, you don't see equity stake of BOI in Everyday, Next, Ebeano etc

Putinofrussia:
Shoprite stores are always different from the malls.
In some instances as in Asaba mall,Shoprite too has a stake in the mall.

The is even different from what we are talking about. ShopRite is now a franchise meaning that the shopping space and goods can be owned by anybody using the ShopRite franchise

post=122929184:
BOI is part owner of ShopRite get that to your brain, you don't see equity stake of BOI in Everyday, Next, Ebeano etc

Yorubas are not good at starting anything from the scratch, they like to join already made

Guestlander:
You are not making any sense.

In that case, you don't understand the meaning of Franchise

post=122929184:
BOI is part owner of ShopRite get that to your brain, you don't see equity stake of BOI in Everyday, Next, Ebeano etc

Bank of Industry would be a part owner of Dangote group too as well as many other big companies in Nigeria. Do you think big companies are funded by toro and kobo?
That is why your Ebeano will remain a mom and pop operation while others are quietly making a huge difference in the society.

Putinofrussia:
Shoprite stores are always different from the malls.
In some instances as in Asaba mall,Shoprite too has a stake in the mall.

Okay, U have agreed that Asaba Mall and Shoprite are different. Oga rest.

Guestlander:
Edo or anyone on planet earth can own the property in which Shoprite is located in Edo. But the Shoprite brand everywhere in Nigeria is owned by Tayo's company. This is just the fact.

I have never argued that. Tayo bought the name. Not the malls spread across Nigeria. He might own some malls, but not all.

misano:
I have never argued that. Tayo bought the name. Not the malls spread across Nigeria. He might own some malls, but not all.

He owns the malls, had ShopRite as a tennant before taking over Shoprite itself. Why is this too difficult for you to understand?
But the particular branch in Edo, I am not sure who owns the property.

Guestlander:
You are not making any sense.

Get it in to your head that Persianas Group is the developer of Polo mall not the owner

Guestlander:
Bank of Industry would be a part owner of Dangote group too as well as many other big companies in Nigeria. Do you think big companies are funded by toro and kobo?
That is why your Ebeano will remain a mom and pop operation while others are quietly making a huge difference in the society.

And Ebeano is in Canada

post=122929397:
Get it in to your head that Persianas Group is the developer of Polo mall not the owner

Who owns Persianas group?

post=122929429:
And Ebeano is in Canada

Maybe, but there are many like this owned by Nigerians and Ghanaians in Canada, nothing special. The empty store shelves though.

Guestlander:
Who owns Persianas group?

Broll Property Services Nigeria is the owner of Polo mall Enugu, Persianas Group is just the developer

misano:
Okay, U have agreed that Asaba Mall and Shoprite are different. Oga rest.

We are talking about big supermarkets not malls.If we go into malls,Yoruba business people will still come tops

post=122929651:
Broll Property Services Nigeria is the owner of Polo mall Enugu, Persianas Group is just the developer

If Persianas developed it they probably own it. You can give us your evidence that this is not the case.

Nice one. But one would have expected that the list is dominated by the Igbos considering their entrepreneurial prowess.

post=122928930:
Market Square has about 30 branches in Nigeria alone, Everyday Emporium are more than 15, Roban is 10 branches, Next 2 branches, Ebeano 5 branches

Marketsquare is a baby compared to shoprite and it has only about 18 branches.

Bimpe29:
Nice one. But one would have expected that the list is dominated by the Igbos considering their entrepreneurial prowess.

They like to have all the controls, that is the problem. You cannot grow that way. Didn't you see Anambra first son boasting that Ebeano and others have no equity partners?
Difference between Ibo business and Yoruba business models.

Putinofrussia:
We are talking about big supermarkets not malls.If we go into malls,Yoruba business people will still come tops

GOING TO MALLS, THE YORUBAS DON'T REALLY TRAVEL SO I THINK THEIR REAL ESTATE WILL BE LIMITED TO SW.

IGBOS TRAVEL SO I WILL NOT BE SURPRISED SEEING THEM OWN PROPERTIES IN KANO, LAGOS, BENUE AND EVEN BAYELSA.

misano:
GOING TO MALLS, THE YORUBAS DON'T REALLY TRAVEL SO I THINK THEIR REAL ESTATE WILL BE LIMITED TO SW.

IGBOS TRAVEL SO I WILL NOT BE SURPRISED SEEING THEM OWN PROPERTIES IN KANO, LAGOS, BENUE AND EVEN BAYELSA.

They don't travel yet they go as far as Europe and America and Asia? These kids sef.

Putinofrussia:
We are talking about big supermarkets not malls.If we go into malls,Yoruba business people will still come tops

Malls will be hard, U nor go near transport sector sha? E get why.