Amuluonyenaego:
better, let's take over our land

With bare hands?

GamalNasser:
Buhari is evil.... This is how Buhari's poor leadership sent Leventis and Kingsway packing in the 80s and now he has done it again ..Next to leave will be DSTV then finally MTN..Meaning PEP store will soon announce their leave

It is State Governor you should be blaming not Buhari. Nigerians have misplaced responsibilities on the president and I'm not referring to you.

GamalNasser:
Buhari is evil.... This is how Buhari's poor leadership sent Leventis and Kingsway packing in the 80s and now he has done it again ..Next to leave will be DSTV then finally MTN..Meaning PEP store will soon announce their leave

smh.....are u not seeing that competitors are dealing with ShopRite rather than our economy?

Those who are blaming the FG are still the same ones who are upset that a South African business took businesses from Nigerians and began making loads of money here.

I would advice such people to rather sit back and consider how they would replace the vacuum ShopRite would create with their departure and stake a percentage from the money ShopRite was making all this while.

This is a huge opportunity for mini importers and grocery store owners/start ups

ShopRite should leave.

Iamgrey5:
The Chinese or Indian will buy it and increase prices of products.

They would change the every low pricing strategy of Shoprite to premium pricing

They would also stock shoprite with expensive foreign brand or Indian and Chinese brands.

It would reduce customers but increase revenue.

Akuko

In a country where 80% of the population do not make up to $2 per day, increasing prices will only send ShopRite (or its later name) to its untimely death.

Notice that most Nigerians preferred to buy things in local markets until ShopRite came in and changed the game with their relatively affordable prices and good shopping experience.

Nigerians are veryyyyyyyy poor and the government has not done enough to create a much broader middle class that can patronize those retail chains in the event of price hikes

martineverest:
exactly..that's how Walmart is keeping up with amazon

You're very correct. I can see ignorant folks already blaming the government when in all honesty Shoprite didn't evolve with the times...

Buhari na wa o

What a man!

Better

They should remember to carry BBNIJA along

No one is talking about this. All they do is come on line and bee praising APC as if they are lizards that fell from wall...another Tinubu is preparing again..same set of people ever since 1999..soon buhari son will be governor, sanusi son will be commissioner, amaechi daughter will be deputy governor. Same people making life unbearable for themselves.. No light, no food, no money..I shed tears for my people..

frankyychiji:
With all the ease of doing business blab.
Another thing is competition, they never had it so bad in recent times.

I think the major issue is competition. We have so many within the street that sells for the same price.
Also, there are some stuffs I don't buy the idea of getting at these superstores, their prices are not friendly compared to the market. Not everyone that fancy going to ShopRite for Kobo discount on edibles.

Competition is sending them away.
In Abuja,u have them like Next,Grand square etc to compete with them

where will all those slay queen naw taking pictures naw?

proeast:
They can go already. We now have enough Igbo brands that can effectively replace them. The likes of Next, Everyday, Market Square and several others that are available in major cities.

Although we appreciate them for creating the awareness

I like your guts.

truthfulparrot:
Chai nothing works in Nigeria again. Granted things are not easy worldwide but misrule and clueless leadership is making Nigeria case worst.
PMB is taking Nigeria Bank to the 1980s

smh.... ShopRite can't withstand competitions from Nigerian,India and Chinese counterparts..that's the reason...I used to use ShopRite until Naija supermarkets flooded my locality and weirdest part is that Naija megastores are far cheaper than ShopRite

If i went to the shop, and always bought the right item............

SHOPRITE!!!!!!!!

DON'T LEAVE US....... DON'T LEAVE US.......

tammie24:
Buhari na wa o

What a man!

use ur head..... ShopRite can't keep up with competitors anymore

Dem no born am well to start any revolution nonsense.

Or11:
Nigeria is such is dumb country. Imagine suspending withdrawal on Nigerian ATM cards abroad when many Nigerians are stuck abroad because of the COVID 19 pandemic. The Embassies are also shut. Ordinary 24 hours power seems impossible. Sowore should do his revolution fast abeg.

bolaayenimo:
Only someone with bullion vans can buy it

Even if he buys it he can't run it properly , it will be dead within two years and remember ShopRite will not allow them to use the name

WandaMaximoff:
And they said our economy is doing well.

Nobody said so

Nigeria's economy is only the largest on the continent

When I've been in ShopRite, I've often wondered how they make money.

Their cost of doing business must be humongous, yet there simply aren't enough people buying their quality but expensive wares.

martineverest:
smh.....are u not seeing that competitors are dealing with ShopRite rather than our economy?

Which competitors ? You obviously don't own a business so please stay one side when business owners are talking about Buhari Economy

post=92403330:
#TeamProudlyNigeria.

We can have all these and much more indigenously in our darling nation.

If Supersport follow suit,
an indigenous cable TV will stand at last after many caved in along the way.

We should be the GIANT of AFRICA that people know us as.

It should be Nigeria that should be having corporations like this in all African countries, not the other way round
Unfortunately, it is not so cos of the 'many' bad leaders that have ruled our nation since independence.

Gradually we will get there as a nation!

Very possible without corruption and nepotism.

Amuluonyenaego:
better, let's take over our land

...and what will you do with it

TroubleMaker47:
This might be a Blessing in disguise, atleast our Nigerian brands like Next cash & carry, Ebeano etc can blossom!

Even though i don't really see a future in physical shopping centres

do you know how many job loss their leave will create , would those stores employ them rather they are coming to join the unemployment rate that's very high already I just feel for them.

Good News...

lailo:
Good for our economy. More mini Nigerian stores that shoprite presence killed will come up again. Petty traders will get more patronage ,more jobs for the locals. Hit like if u reason with me like (rudeboy)p-square.

Very Bad to our Economy, unemployment will increase.

patrickmuf:
You're very correct. I can see ignorant folks already blaming the government when in all honesty Shoprite didn't evolve with the times...

even the Naija owned megastores offer online services and delivery... ShopRite was too complacent...if DStv isn't careful Netflix,Disney plus and Amazon will kick them out

We have suceeded in creating an unfriendly business environment for investment to fail.

Didnt some of you already claimed it was Tibunu's business ';??

bolaayenimo:
Only someone with bullion vans can buy it

Let them go Nigerian businessmen can take over the business, after all justrite is doing well here


Your home is incomplete without good quality furniture,that's why we are here for you

BigBashiru:


It is State Governor you should be blaming not Buhari. Nigerians have misplaced responsibilities on the president and I'm not referring to you.

Buharis poor leadership has affected the the buying powers of Nigeria and created currency valuation and for a company like ShopRite that's a death Knell for them when their consumers can't buy enough and they can't really increase prices to match the currency devaluation ...so in essence they have no choice to exit at this point and hope some mumu comes to buy their Nigerian asset and stock

My Bread oooooo!!