The Retail Supermarkets Nigeria Limited (RSNL), operator of the Shoprite franchise in Nigeria has finally closed its Ado Bayero Mall Store, Kano, Kano State Northwest Nigeria. SaharaReporters reported on December 14, 2023, that Shoprite had announced the closure of its Ado Bayero Mall Store, Kano from January 14, 2024. A video Imran Muhammad shared on his X, seen by SaharaReporters shows empty shelves in the Kano Mall.
The Retail Supermarkets Nigeria Limited (RSNL), operator of the Shoprite franchise in Nigeria has announced the closure of its Ado Bayero Mall Store, Kano, Kano State Northwest Nigeria from January 14, 2024. A closing announcement dated December 7, 2023, signed by Mubertus Rick for the company, said the decision to close the store was taken after careful evaluation of its financial situation and the current business climate.
While Nigeria’s economy rebounded in 2021, with growth at 3.4%, the outcome of plans for post-pandemic recovery and investing in growth on the back of high oil prices remain uncertain.
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