₦airaland Forum

If this is viewed as an achievement by many, then congrats to SA. If I were to be honest, we really do not want Walmart in Naija. Like someone mentioned on this thread, Walmart is really good at running down small businesses that operate within their vicinity. We are not even talking about how they squeeze supply chains with their demand for a high volume of products with a slim margin. Make dem gerrat abeg, we no want!

franchasng:
All thanks to White Europeans, lucky Black South Africans enjoying the blessing of having whites as citizens.


Unfortunately, black South Africans will never appreciate the rare privileges they enjoy for having indigenous Caucasians in South Africa until they chase them away like Zimbabweans

Investment goes where there's purchasing power.. It's for the same reason why there's an iPhone store in the middle of Soweto. Sellers sell to buyers, economics 101, not this Uncle Ruckis bs you're spewing

Bayajjidda:
You read that in the Dreamland?

You must be a kid or just started having access to the internet.

kpankpangolo:
Let them not get ideas to come our way. They will lose money. Our 230M population doesn’t translate to profit.

Who dem wan compete with?

Bokku, jendol or justrite?

They won't be able to keep up.

thesicilian:
Foreign businesses are opening up in Africa, sometimes even with the help of African banks, while they keep denying struggling indigenes the needed funds to fuel their entrepreneurial drives

The correct perspective I expected to read. It's really sad. A dominant foreign retail outlet is never good for local businesses.

kpankpangolo:
Let them not get ideas to come our way. They will lose money. Our 230M population doesn’t translate to profit.

Sadly not since the demon took the throne and embarked on a mission of mass poverty and starvation.

Disenfranchised:
Whatever happen to tinubu ragos.


With all the globe trotting them snub your country to a country that their president sits in one place and fix their country.

But they still come to tinubus Lagos before they will even consider Obi's Anambra

The irony is that the people who stand to lose the most if a chain like Walmart sets up shop big time in Nigeria ultimately are the Ibos.

They are the traders, they are the ones involved in shopkeeping. You think you can do fake or cheap products? You don’t have the bulk purchasing power of Walmart. When they negotiate with a supplier they are negotiating for over 10,000 stores. The price you pay for low quality at your Chinese supplier is more than what Walmart will pay for grade1 because when they negotiate with their suppliers they negotiate for all their stores worldwide. You can’t compete with Walmart. Walmart will undercut you with genuine products and will operate at a loss for 5 years if need be to wipe out their competition.

So be careful what you wish for! Walmart sells everything from tyres and spare parts to TVs and electronics to groceries and toothpicks and they have their online store. They will wipe you lot out of the retail sector in 10yrs if they decide to take on Nigeria!

So Please do t get it twisted, WallMart is not ShopRite that ran away. If they come to Nigeria Ibo retailers are in trouble! I have said I don’t want them here but if they do, I will not see a Walmart and choose to shop at a typical retail outlet where we dont know if the products are fake, dates altered, integrity of the supply chain etc.

franchasng:
All thanks to White Europeans, lucky Black South Africans enjoying the blessing of having whites as citizens.


Unfortunately, black South Africans will never appreciate the rare privileges they enjoy for having indigenous Caucasians in South Africa until they chase them away like Zimbabweans

You dont deserve to exist.

kpankpangolo:
Let them not get ideas to come our way. They will lose money. Our 230M population doesn’t translate to profit.

So you want to give your profit to America

kpankpangolo:
Let them not get ideas to come our way. They will lose money. Our 230M population doesn’t translate to profit.

Your 230M population with shitty purchasing power
They should leave a relatively stable market and go to an unstable one, because they want to sell to 230 million population.
Where Chairman senate committee on commerce will demand bribes from them anytime there is an issue.
Where incase they have a fire outbreak at their store, Federal Fire Service will tell them they dont have water to come and put out the fire.

SpaceX:
We don't need them, we are creative enough to have our own...

Which one do you have functioning as we speak?

Disenfranchised:
Whatever happen to tinubu ragos.


With all the globe trotting them snub your country to a country that their president sits in one place and fix their country.

The question you should first asked yourself is "do we even need Wallmart in Nigeria" seriously I don't know what is the important of Wallmart to me or anyone, honestly I don't know. So what is your point?

kpankpangolo:
Let them not get ideas to come our way. They will lose money. Our 230M population doesn’t translate to profit.

see mentality…that’s why you don’t even have any business ,investors don’t reason like fishes.TikTok,meta,google and likes can’t reason like dumbs,even Walmart can’t say this rubbish

kpankpangolo:
Let them not get ideas to come our way. They will lose money. Our 230M population doesn’t translate to profit.

You mean 230M poor population.

Shoprite stores are literally empty despite our population.

It's not just about population, they'd have to carry out a market research to determine the percentage of that population that can consistently afford their stores. Sadly the figures after their market research would be embarrassing.

RandDigital:
The store, located at Fourways Mall in Johannesburg, replaces the former Game outlet and represents the company’s first visible branding effort since acquiring local retail group Massmart.

Walmart first bought a 51% stake in Massmart in 2010 and completed full ownership in 2022, delisting it from the Johannesburg Stock Exchange shortly after.

The rebranding marks a new chapter for the U.S. giant, which had long relied on Massmart’s brands, Makro, Game, and Builders, to navigate South Africa’s complex retail landscape.

“This move is part of Walmart’s strategy to localise while leveraging its global expertise in logistics and pricing,” analysts told Bloomberg, adding that the group’s Every Day Low Price (EDLP) model will target South Africa’s cost-conscious consumers.

Walmart’s push comes amid a fiercely competitive market dominated by Shoprite, Woolworths, Pick n Pay, SPAR, and others.

Yet, the company appears unfazed. Its entry aligns with the retailer’s global playbook: start local, scale quickly, and offer unbeatable prices.

More Walmart-branded stores are expected to roll out across the country in the coming weeks, with the company signaling plans to strengthen both its physical and online retail presence.

According to the Online Retail in South Africa 2025 report, the country’s e-commerce sector is growing at 38% annually, is now valued at about $7 billion, and is projected to capture 10% of the retail market this year.

Analysts say Walmart’s renewed investment, rather than retreat, shows long-term confidence in Africa’s retail potential.

As one put it: “Walmart’s story in South Africa is no longer about survival. It’s about scale, strategy, and a renewed bet on Africa’s middle class.”

Excerpts from your post:

"Walmart first bought a 51% stake in Massmart in 2010 and completed full ownership in 2022"

Meaning Walmart already had FULL ownership since 2010 because 51% quantifies ownership...Oga, they have being in Africa since 2010, Mind You, Game have been operating in Nigeria for years before this outdated information of yours.

franchasng:
All thanks to White Europeans, lucky Black South Africans enjoying the blessing of having whites as citizens.


Unfortunately, black South Africans will never appreciate the rare privileges they enjoy for having indigenous Caucasians in South Africa until they chase them away like Zimbabweans

Thank God you are not a white man. Your racism would have been over the roof.

Commentor:
It's not a flex.

They come in to run small momma and poppa businesses out of a community.

Unfortunately true.

I have heard enough of Walmart in the USA and how just one Walmart can devastate small businesses to even agree to their coming here

grandstar:
Shoprite needs to come back to Nigeria after Buhari chased them away with its defective forex policies that created chronic scarcity of foreign exchange.

Standards is beginning to drop, especially in their cooked food section.

ShopRite is divesting from all the countries it was in,not just Nigeria.

It's left several African countries. It wants to focus on just south africa

[quote author=Disenfranchised post=137150559]Whatever happen to tinubu ragos.


With all the globe trotting them snub your country to a country that their president sits in one place and fix their country.


Some of you cannot carefully read before typing rubbish, the poster said; the first Walmart in Africa, so what brings about Tinubu and Lagos here?
I believe you were not been given birth by then because this was before Walmart was in Africa before the 1999 civilian government.
So what are you really saying?
Tinubu should've beg Walmart to come to Lagos or what?.

RandDigital:
The store, located at Fourways Mall in Johannesburg, replaces the former Game outlet and represents the company’s first visible branding effort since acquiring local retail group Massmart.

Walmart first bought a 51% stake in Massmart in 2010 and completed full ownership in 2022, delisting it from the Johannesburg Stock Exchange shortly after.


The rebranding marks a new chapter for the U.S. giant, which had long relied on Massmart’s brands, Makro, Game, and Builders, to navigate South Africa’s complex retail landscape.

“This move is part of Walmart’s strategy to localise while leveraging its global expertise in logistics and pricing,” analysts told Bloomberg, adding that the group’s Every Day Low Price (EDLP) model will target South Africa’s cost-conscious consumers.

Walmart’s push comes amid a fiercely competitive market dominated by Shoprite, Woolworths, Pick n Pay, SPAR, and others.

Yet, the company appears unfazed. Its entry aligns with the retailer’s global playbook: start local, scale quickly, and offer unbeatable prices.

More Walmart-branded stores are expected to roll out across the country in the coming weeks, with the company signaling plans to strengthen both its physical and online retail presence.

According to the Online Retail in South Africa 2025 report, the country’s e-commerce sector is growing at 38% annually, is now valued at about $7 billion, and is projected to capture 10% of the retail market this year.

Analysts say Walmart’s renewed investment, rather than retreat, shows long-term confidence in Africa’s retail potential.

As one put it: “Walmart’s story in South Africa is no longer about survival. It’s about scale, strategy, and a renewed bet on Africa’s middle class.”

They have ShopRite and other outlets in SA to compete with based off of their business models. Walmart has done well with the rebranding process so far which shows long-term confidence in the SA retail space.

kpankpangolo:
Let them not get ideas to come our way. They will lose money. Our 230M population doesn’t translate to profit.

Big for nothing 230m population without purchasing power. Where bulk of people earn below minimum wage of N70k or £32, $46 pcm. As in money a couple will spend in nandos or wetherspoons to eat.

Wondering why the richest gent on earth has yet to introduce an affordable ev vehicle for his homeland 🤔
S.A. has potent xenophobic violence and perhaps alcohol abuse but no constant tribal wars like the giant of the continent.

Emeskhalifa:
There must be someone in every family who's role is to disgrace his or her family.

💯💯💯💯💯💯

Good to know it is in SA. Nigerians lack the purchasing power. Our economy is only good on paper. Need I remind them about the money they will use for diesel daily because our country lacks good power supply?

In all, Nigeria is not an investment destination at the moment. Let no one deceive you.

Play stupid games, win stupid prizes.

I spit on the green and white colours.

they wont open store in same country where they send Their bandits

BreakingNews21:
Wondering why the richest gent on earth has yet to introduce an affordable ev vehicle for his homeland 🤔
S.A. has potent xenophobic violence and perhaps alcohol abuse but no constant tribal wars like the giant of the continent.

There's no so-called "xenophobic" violence in SA, it's a lie...nobody bumps into a Mozambican and just randomly attack, it's all exaggerated.. There's anti-immigration sentiment, not violence... infact, the reverse is true, any move by police or the government is met by attacks from the foreigners who are mostly illegals. Let's stop exaggerating these so-called "xenophobic attacks," they simply aren't there

Come to Nigeria and operate like ShopRite did, you'd be disgraced out of Naija, I wonder how ShopRite would have only 2 locations in the whole of Ibadan, we just park them! They shut out of frustration

Osariemen12:
Good to know it is in SA. Nigerians lack the purchasing power. Our economy is only good on paper. Need I remind them about the money they will use for diesel daily because our country lacks good power supply?

In all, Nigeria is not an investment destination at the moment. Let no one deceive you.

Play stupid games, win stupid prizes.

I spit on the green and white colours.

Dey play

While shoprite and other big franchise have left Nigeria. South Africa president didnt travel around the world to bring investors ooh.