₦airaland Forum

Please who knows what's happening to ShopRite at Ikeja City Mall? Are they in debt??

That place is a shadow of itself... Could not get anything from there- was so pissed.

Please what happening to the Nigerian Buyer?? Or are they leaving Nigeria?

Nigerian government bad policies happened to shoprite

Una must to chop this statistics by fire by force

They are exiting the country after disinvestment some year back. It's normal in all ShopRite outlets across the country

Shebi the gbajue Tinubu that built Lagos is building Nigeria now. This doesn't stop the gullible followers from not voting him in 2027.

Jokerman:
Please who knows what's happening to ShopRite at Ikeja City Mall? Are they in debt??

That place is a shadow of itself... Could not get anything from there- was so pissed.

Please what happening to the Nigerian Buyer?? Or are they leaving Nigeria?

I think they are shutting down. it’s same with shoprite everywhere across the country (especially SW that I’m privy to)

youngsahito:
Shebi the gbajue Tinubu that built Lagos is building Nigeria now. This doesn't stop the gullible followers from not voting him in 2027.

LOL. Una and politics sha. I think the problem is actually more than politics. Shoprite was busy shutting down in every country but Amusan decided to try his luck by acquiring the Nigeria franchise. Guess he’s just getting to know why they were shutting down in the first place everywhere except SA. I can bet it’s competition if you ask me.

Shoprite is stylishly shutting down. If you have anything to do with them, try to conclude.
JustRite is springing up in Ibadan currently.

The government of Buhari initiated the erosion of the middle class. Then the icing was Tinubu policies exacerbated the situation. Middle class is gone.

The upper class don't go to such place much. Any economy that has up to 70% of the middle class shows a booming economy.

Jokerman:
Please who knows what's happening to ShopRite at Ikeja City Mall? Are they in debt??

That place is a shadow of itself... Could not get anything from there- was so pissed.

Please what happening to the Nigerian Buyer?? Or are they leaving Nigeria?

. Tinubu bad economy hitting hatd

Due to the nature of my business, I can confirm at least 50 upper middle class families with huge purchasing power I did business with that left Port Harcourt alone. The ones in Lagos is countless.
ShopRite is an upper middle class business. They left and there's no one to buy. The iPhone girls and broke boys only go there to snap pictures and look for clients to hook up with.

The Era of shop rite don pass..

Nah Era of Online vendors dey reign like this..

People buy almost everything online..

Jokerman:
Please who knows what's happening to ShopRite at Ikeja City Mall? Are they in debt??

That place is a shadow of itself... Could not get anything from there- was so pissed.

Please what happening to the Nigerian Buyer?? Or are they leaving Nigeria?

Where did you see money to visit ShopRite Ikeja in this economic climate?

Osebanjo:
LOL. Una and politics sha. I think the problem is actually more than politics. Shoprite was busy shutting down in every country but Amusan decided to try his luck by acquiring the Nigeria franchise. Guess he’s just getting to know why they were shutting down in the first place everywhere except SA. I can bet it’s competition if you ask me.

it's all about politics.


Nigerian people's purchasing power is dying everyday. Nigerians now buy mostly what they need to survive like basic food, etc, and those that use to patronize ShopRite and other big shopping malls now go back to traditional markets due to harsh economy.


Nigeria's Middleclass population that made ShopRite and other big shopping malls and outlets to boom are almost gone; most lost their jobs, relocated to remote areas, some migrated abroad, many got kidnapped, so Nigeria currently have very insignificant Middleclass population all thanks to Bola Tinubu's thoughtless and insensitive economic policies that created more poor people than rich people in Nigeria.


So tell me how is not politics?

PulaPower:
The Era of shop rite don pass..

Nah Era of Online vendors dey reign like this..

People buy almost everything online..

Even online vendors are struggling to stay in business now, only few are making it big compared to 8 years ago. Only content creators making people to laugh away their sorrows are the ones making good money online through Facebook, X, etc ad revenue sharing.

Jumia, Konga, etc are all struggling to make sales now compared with 8 to 9 years ago.


The issue is that the purchasing power of Nigerians have been reduced to the barest minimum. People are barely surviving in Nigeria. Inflation have wiped off Nigeria's Middleclass population, couple with mass unemployment, japa wave, etc

anyilalaz:
The government of Buhari initiated the erosion of the middle class. Then the icing was Tinubu policies exacerbated the situation. Middle class is gone.

The upper class don't go to such place much. Any economy that has up to 70% of the middle class shows a booming economy.

This is the just the summary of the issue and there is no end in sight.


It's going to get worse next year as Tinubu the tax master refuses to have pity on Nigerians he impoverished with his thoughtless policies by further rolling out demonic tax law that will further throw more Nigerians into poverty from January 2026.


Honestly it seems the man is demon possessed because I am struggling to understand why this man is so bent on taxing already poor and struggling Nigerians to oblivion in the name of widening Nigeria's tax net for the future, which future?

6 letter words happened to them : TINUBU

This was Lagos in 1999 before TINUBU transformed it

This was the LIE fed to people and they believed. Anyway, in the SE they have mega supermarket chains still operating.

They are not shutting down "LIKE IN" the Las-Vegas called Lagos, that TINUBU built.

Again..Lagos in 1999..before TINUBU transformed it.

Jokers.

Same thing we have been saying since but some senseless people said that we merely visited at low turnout periods

esnbrutality:
This was Lagos in 1999 before TINUBU transformed it

This was the LIE fed to people and they believed. Anyway, in the SE they have mega supermarket chains still operating.

They are not shutting down in the Last Vegas called Lagos, that TINUBU built.

Again..Lagos in 1999..before TINUBU transformed it.

Jokers.

LMAO 😂😂

Jokerman:
Please who knows what's happening to ShopRite at Ikeja City Mall? Are they in debt??

That place is a shadow of itself... Could not get anything from there- was so pissed.

Please what happening to the Nigerian Buyer?? Or are they leaving Nigeria?

Purchase power nationwide dropped
Bad policies have led to inflation & money delavuation
Tinubu is collecting tax for fun & isn’t reviving or creating new industries
I see banking sector tanking too, Opay will take a lot of their customers
It’s definitely drop in sales as well as loss in value of naira, they’d struggle to meet their goals when they try to get some of their profit out of the country
I heard multichoice exited and sold to Canal+ also

PulaPower:
The Era of shop rite don pass..

Nah Era of Online vendors dey reign like this..

People buy almost everything online..

Dey make yourself happy.

Which people buy almost everything online?

Delululu

Jokerman:
Please who knows what's happening to ShopRite at Ikeja City Mall? Are they in debt??

That place is a shadow of itself... Could not get anything from there- was so pissed.

Please what happening to the Nigerian Buyer?? Or are they leaving Nigeria?

Shoprite is dead and waiting to be buried.

What you are seeing is just a carcass.

They owed my company for a long time that we almost sued them.

But I heard some Lebanese guys are trying to buy it now.

Na Statistic you go chop na...shebi y'all voted for the Lagos Bandit

in early 2024, public Media reported that 7.2 million Small & Medium scale businesses collapsed in Nigeria with 0ver 10 conglomerate company closed down under less than 2 years of Balabluuuu tragedy.

What the APC regime : Buhari & Tpain did to the entity called Nigeria is irreversible, they murdered hope & patriotism.

Jokerman:
Please who knows what's happening to ShopRite at Ikeja City Mall? Are they in debt??

That place is a shadow of itself... Could not get anything from there- was so pissed.

Please what happening to the Nigerian Buyer?? Or are they leaving Nigeria?

if they are making money i doubt if they would start shutting down.

Lols
This OP funny Sha.

Says everywhere was Empty and he was Pissed.

Truth is Tinibu KILLED this Country.

He took away the Purchasing Power and Free Spending spirit of average Nigerians.
Now, Pple are VERY careful when spending their Money.

Sheuns:
Dey make yourself happy.

Which people buy almost everything online?

Delululu

Hehehehe

APC Agbad0crats doing what they do best.

Defending Rawbish with either Cheap lies or making Unsubstantiated claims.

PulaPower:
The Era of shop rite don pass..

Nah Era of Online vendors dey reign like this..

People buy almost everything online..

Yea I'm sure you buy baby milk and pampers online.

You must have bought coke and maltina online too.

Even your cream and batteries na online.

Your toiletries, toothpaste and brush, soap all na online.

Everything like you said is online.

Make.uma just continue sha.....Ur time will surely come

I visited that place twice in 2014 and the crowd then is something else.

Location of ShopRite means you need to buy expensive fuel to go do grocery shopping, that's a big expense for most families now.

Alot of people honestly can only afford to buy basic needs making going all the way to a mega store like ShopRite wasteful.
Also, you have competitors springing up offering just the basic supplies at almost every corner. Eg bokku. Grand square etc

Finally, attractions of ShopRite was the different eateries, restaurants, lifestyle shops etc, all this stores are now priced out of most middle class people's budget and thier inventory are mostly "wants" not "needs" as most posters already pointed out.

Naira devaluation (your naira is worth less than half of it's previous value), electric tariff increment, increased tax burden, 4 times increase of petrol price means some expenses have to go for everyday families. ShopRite is one of those expenses .

PulaPower:
The Era of shop rite don pass..

Nah Era of Online vendors dey reign like this..

People buy almost everything online..

And Jumia is struggling ? You didn't know what you are saying