Shoprite Nigeria Is Sinking And Nobody Is Talking About It - Business (2) - Nairaland
Nairaland Forum › Nairaland General › Business › Shoprite Nigeria Is Sinking And Nobody Is Talking About It (3394 Views)
| Re: Shoprite Nigeria Is Sinking And Nobody Is Talking About It by BlackViper: 7:45pm On Jun 09, 2025 |
Where are you getting your news from? Mall shopping is booming in America, Europe, India and China. It's particularly big in Gulf Emirates like Dubai and Abu Dhabi because of duty free shopping. The only place where it is not thriving is in the poorest countries on earth like Nigeria Jakumo: |
| Re: Shoprite Nigeria Is Sinking And Nobody Is Talking About It by Peakdesign23(f): 8:21pm On Jun 09, 2025 |
Poor management. |
| Re: Shoprite Nigeria Is Sinking And Nobody Is Talking About It by Difrent: 8:45pm On Jun 09, 2025 |
Bestmanfornow:Competition got tougher. Many other big stores are coming up and giving ShopRite a run for their money |
| Re: Shoprite Nigeria Is Sinking And Nobody Is Talking About It by brazenwalls: 10:57pm On Jun 09, 2025 |
Bestmanfornow:Why are you so used to slavery? Shoprite a foriegn brand is going down, but have you seen how many Nigerian Stores are expanding? Stop using these guys as metrics for the growth of a nation, in actual fact, some of these other Nigerian owned malls have a good number of the things Shoprite sells. |
| Re: Shoprite Nigeria Is Sinking And Nobody Is Talking About It by Blitzking: 2:10am On Jun 10, 2025 |
The govt has delivered on the mandate to reduce the purchasing powers of the masses. Which can be a 2 edged sword |
| Re: Shoprite Nigeria Is Sinking And Nobody Is Talking About It by destinychildolu(m): 2:24am On Jun 10, 2025 |
Jakumo:Come talk am for USA here |
| Re: Shoprite Nigeria Is Sinking And Nobody Is Talking About It by Acidosis(m): 4:11am On Jun 10, 2025 |
Jakumo:That means Jumia should be making more sales, right? Now go and check Jumia's sales volume in 2024/2025 vs. 2021/2022. 😂 |
| Re: Shoprite Nigeria Is Sinking And Nobody Is Talking About It by tinsel: 6:48am On Jun 10, 2025 |
SmartPolician:Don't blame Tinubu for Shoprite problems. A Nigerian bought shoprite from South Africans and it is obvious he cannot manage it well. Eleanor, Spars etc are doing well. |
| Re: Shoprite Nigeria Is Sinking And Nobody Is Talking About It by tinsel: 6:49am On Jun 10, 2025 |
brazenwalls:Shoprite is now owned by a Nigerian and obviously the new owner cannot manage it |
| Re: Shoprite Nigeria Is Sinking And Nobody Is Talking About It by emmaodet: 6:54am On Jun 10, 2025 |
Acidosis:Jumia may not because there is heavy competiton in that sector. Many are making a killing marketing on tik-tok, facebook marketplace, jiji etc |
| Re: Shoprite Nigeria Is Sinking And Nobody Is Talking About It by orisa37: 7:14am On Jun 10, 2025 |
IT IS BECOMING "SHOPRONG". |
| Re: Shoprite Nigeria Is Sinking And Nobody Is Talking About It by Acidosis(m): 7:36am On Jun 10, 2025 |
emmaodet:True, I agree |
| Re: Shoprite Nigeria Is Sinking And Nobody Is Talking About It by hakeemhakeem(m): 8:35am On Jun 10, 2025 |
Purchasing power are reducing but some outlets are coming up too, with lesser prices.Bokku is every where in some areas a less than 30 minutes drive they have 4 outlets |
| Re: Shoprite Nigeria Is Sinking And Nobody Is Talking About It by SouthSouth1914: 8:48am On Jun 10, 2025 |
Yes, most of their shelves are empty. Seems the black race is eternally destructive especially, West Africa and Nigeria in particular. They cannot multiply anything. Firstly take a look at the government, they cannot get the POWER SECTOR sorted since independence! The blueprint of Nigeria since the military era have been wiped out by chronic corruption and rendered national assets completely comatose or in decrepit conditions! Election results is gradually telling on everyone, when a few stvpidd people make decisions, it tells on the general public, with negative political policies, comes negative vices! Purchasing power is little to zero, astronomical inflation and rising debts with terrible presidential will power to act rightly. We are in for a long ride! In all, it was a wrong move for independence or a terrible mistake to introduced democracy. Either way, Nigeria needs a miracle and we need it fast!
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| Re: Shoprite Nigeria Is Sinking And Nobody Is Talking About It by Typing: 9:07am On Jun 10, 2025 |
Bestmanfornow:Tinubu caused it
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| Re: Shoprite Nigeria Is Sinking And Nobody Is Talking About It by MarketDispatch: 11:21am On Jun 10, 2025 |
Bestmanfornow:ShopRite left Nigeria many years ago. The Landlord of the Mall outlets took[left][/left] over the business so, that is what you currently see. |
| Re: Shoprite Nigeria Is Sinking And Nobody Is Talking About It by ThierryJay: 3:03pm On Jun 10, 2025 |
The only reason I can think of why this topic has been brought up is tribal bigotry based on the antecedents of the OP. If not, the title should have been why shopping centres in Nigeria are struggling and not just Shoprite. From my recent experience in Spar, D'Prince (Ebeano), Shoprite, Grand Square, Jendol, Justrite etc, the crowds have reduced considerably in ALL of them compared to the way it was one or 2 years ago. Obviously the economy is hitting that sector badly due to lower consumer purchasing power. |
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