plans the retail giant has set as its target to have a flagship store in every city.

The Palms Mall in Ibadan is the Persianas’ group latest development and the fourth of its kind in Nigeria with 21,000 m2 retail space that will have as neighbors a rich line of other international and local Nigerian retail brands. It will be recalled that after the first Palms Mall in Lekki, the Persianas’ group developed further malls in Enugu and Ilorin – of which Shoprite currently has stores in operation.

Trading from the right wing of the ground floor, the 4,754 square meter new aspirational store will offer customers wider range of products. The Shoprite store manager in Ibadan, Mr. Fatai Oshungboye, said: “they are delighted to be opening a second store in Ibadan.

This is one of Nigeria’s largest cities and one filled with friendly people who are renowned for their effortless taste and we have the quality to satisfy.” Oshungboye commented further that the store expansion projects reiterated the management’s outlook on growth, “Shoprite have plans of opening 44 new stores in Nigeria as we believe by going to all places where our customers are located we can serve them better”.

It is worth noting that Shoprite CEO Whitey Basson while addressing the media in August 2013 was quoted as saying “Nigeria can handle 600 to 800 stores if you look at the size of the cities and the penetration of supermarkets; and it can happen quickly but that’s not dependent on Shoprite but on (the availability of) sites.”



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