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Nairaland Forum / Nairaland / General / Business / Real Reasons Behind Shoprite’s Planned Exit From Kano (32546 Views)
Shoprite Confirms Exit From Nigeria / Shoprite Ilorin Locks Doors As Crowd Stormed Their Store / Shoprite Ilorin Shut Down After Massive Crowd Stormed Their Store (Photos) (2) (3) (4)
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Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by Babyboyforeal(m): 10:17am On Dec 24, 2023 |
DDIA:what is this? |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by Subonbon(m): 10:17am On Dec 24, 2023 |
Even human being talk more of wetin no dey see profit again... Apc something must punish you people. |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by AbuTwins: 10:20am On Dec 24, 2023 |
nothingspoil70: What about agriculture? 1 Like |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by happney65: 10:22am On Dec 24, 2023 |
Basicend: And who brought Buhari himself? When we told you people in 2015 Buhari will be a mitigated disaster you were saying otherwise With Tinubu,You will even beg Buhari to come back 4 Likes 1 Share |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by Angelfrost(m): 10:24am On Dec 24, 2023 |
The Malls in Nigeria are unreasonably expensive. This is very unhealthy for small and medium scale business growth. If they decide to translate this cost into their prices, they will not sell cos most members of the purchasing public don't have the purchasing power. 4 Likes |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by maasoap(m): 10:27am On Dec 24, 2023 |
MajorOvakporaye: U go to suffer no be small. Imagine all MTN subscribers moving to Glo and Airtel! Their network will eventually crash 3 Likes |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by Yestogood: 10:31am On Dec 24, 2023 |
MajorOvakporaye: We don't have anyone to take their place if they go. They have invested premium quality equipment and capital to be here. Regulatory agencies are responsible for the high tariffs. If they have to bribe NCC, Ministry, National Assembly, and The Presidency, we the people will have to pay the bills to keep them profitable. Nigeria Airways, Virgin Nigeria all exited due to excessive demand for patronage by government officials. 6 Likes |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by maasoap(m): 10:31am On Dec 24, 2023 |
nothingspoil70: Really? So, all northerners are now surviving by engaging in kidnapping and banditry! That's shocking. Lagos is the only place in Nigeria at the moment where businesses flourishEven in your environment, if you are outside Lagos, you would see the ones that are flourishing. But may be all of us should move to Lagos 3 Likes |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by Fcwilly: 10:32am On Dec 24, 2023 |
MajorOvakporaye:Real empty-hen |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by Addme: 10:33am On Dec 24, 2023 |
Shellsploit:Dey play, that Ikeja own no fit leave that place. 2 Likes |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by Mjshexy(f): 10:33am On Dec 24, 2023 |
Why not run a plan of using your six Months rent to buy land and build your own befitting structure rather than spending that much on a Monthly basis, the economy isn't smiling at all with how businesses are folding up by the day 6 Likes 1 Share |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by Chimookigwe: 10:34am On Dec 24, 2023 |
Shellsploit: Shoprite Ikeja is the best selling Supermarket in Nigeria. Sells more than SPAR, Ebeano, Shoprite Lekki, Etc. That particular location is their cash-cow. 7 Likes 1 Share |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by slowice(m): 10:37am On Dec 24, 2023 |
I now see why next cash and carry don't have many outlets and prefers to buy their own property for operation.... This cut throat rent will definitely kill a business in the long run, especially when the purchasing power of Nigerians is rapidly dwindling. 4 Likes |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by Father4all: 10:40am On Dec 24, 2023 |
slaawomirr:places where Yahoo boys plenty abi? |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by Father4all: 10:41am On Dec 24, 2023 |
Because no yahoo boys on Kano state 1 Like |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by patrickcollins: 10:42am On Dec 24, 2023 |
Their exit will surel favor us and our family, Jagaban has hit the ground running and is beginning to yield fruits, it has equally favoured Shoprite @Kano State 2 Likes |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by vacanci: 10:45am On Dec 24, 2023 |
slaawomirr: you are so wrong. Come to Abuja and see how the hausa people shop with reckless abandon. They dump all sorts of things in shopping baskets including things u wonder if they actually need them. A woman and her driver enter a mall with their kids. As shopping goes on, kids keep picking stuffs and throwing into baskets and mother will keep quiet. these happens alot as see especially in Sahad stores. When u want to pay for your little shopping and queue behind a hausa shopper who is already checking out his goods, you go wait taya i have not seen shoppers like them. reminds me of the song, "LANDLORD TRAVEL AND SEE" 7 Likes |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by ThierryJay: 10:52am On Dec 24, 2023 |
Shellsploit: Shoprite Ikeja is the most patronized Supermarket/Mall in Nigeria. I think it was also the first Shoprite outlet/mega-mall in the country. If it closes down, then it means no Shoprite left in Nigeria. Modified: The Palms, Lekki was the first and also used to have the highest patronage. 8 Likes 1 Share |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by Blackdisciple(m): 10:53am On Dec 24, 2023 |
It was gathered that one of the major reasons is that Shoprite pays rent to Ado Bayero Mall a wholesome amount of N66million on a monthly basis, aside from the independent electricity bill they get from the Kano Electricity Distribution Company (KEDCO), and the cost of fuelling and maintenance of its standby generator Omoh this is Kano ooo.. Then what will it look like if it's a place like Lagos Yet some dull brains are still praising the blind and humanless government with no directions to govern the country, they see nothing wrong with what's going on in the country, why would a company leave your a country due to the country economy, GSK wey I grow come meet done commot and many others, soon schools and health centres will close down ....fvck 2 Likes |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by Basicend: 10:55am On Dec 24, 2023 |
nothingspoil70: Oh, that is very good. Shebi it is your person that was there for 8 years na. Na you also vote in the current man, abi? So, carry the outcome of your alumajiris' decisions. |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by bigcasava1(m): 10:56am On Dec 24, 2023 |
Bring it to southeast. We don't depend on govt, 1 Like |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by Tapout(m): 11:00am On Dec 24, 2023 |
66 million/month??...gosh!! 1 Like |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by VeeVeeMyLuv(m): 11:01am On Dec 24, 2023 |
AbuTwins:Very clear effect, obvious effect of corrupt leadership & anti people policies. Now Only a handful of individuals can afford or patronise the ShopRite. These elite cannot just go there and purchase for example 1000 3l cooking oil just because they have embezzled billions and want to help the shoprite biz. He will simply buy only one cooking oil that he needs. Since majority of masses purchasing power and affordability has been destroyed by these policies that do not facilitate spreading of a country's wealth, ShopRite is now experiencing significant reduction in revenues, leading to them taking the decision to exit the country. If you like, close your ears. Wahala dey, there is serious problem with the economy. |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by Bigchristo: 11:02am On Dec 24, 2023 |
maleekberry:I knew all these things long ago because I know the cost of running business In Nigeria is quite expensive due to diesel cost and fuel prices, 66 million naira monthly rent? how much is the value of this land?some people too do sha… they are using their hand to chase business owners from their states 1 Like |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by kemika8989(m): 11:04am On Dec 24, 2023 |
maleekberry:They should convert the mall to mosque simple |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by tafat: 11:05am On Dec 24, 2023 |
nairalanda1:not really, we're not supposed to be dependent on imported goods in the first place. We need to boost local production of finished goods that meet international standard and we export too, it's that simple. For instance, why do you have to buy imported chocolate when we have cocoa in the country? 2 Likes 1 Share |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by airsaylongcome: 11:11am On Dec 24, 2023 |
AbuTwins: Hehehehe....what was APC and Lai Mohammed doing in 2013 all the way to the 2015 election? They were hailing the GEJ and PDP government I guess |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by teflonrozay(m): 11:12am On Dec 24, 2023 |
I swear my brother...I serve for Kano,u no lie Aboki dey economize die...People wey be say their life dey conservative slaawomirr:[color=#006600][/color] 1 Like 1 Share |
Re: Real Reasons Behind Shoprite’s Planned Exit From Kano by NFBI: 11:12am On Dec 24, 2023 |
jamesversion:Choose the second in line with green |
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