Retail Supermarkets Nigeria Limited, operators of Shoprite Mall, has announced the closure of its branch in Novare Central Mall, Wuse Zone 5, Abuja, effective June 30, 2024.
The decision comes after a thorough evaluation of the store’s financial situation and the current business climate.
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According to a circular signed by the CEO, Dr. Folakemi Fadahunsi, the company will no longer require the services of vendors at the store and will terminate all existing service contracts.
The company will review its accounting records over the next 60 days to settle outstanding balances.
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A staff member at the store, who wished to remain anonymous, confirmed the news, stating, “Yes, it is true, we just heard it here too.”
According to the circular, “We regret to inform you that as of June 30, 2024, Retail Supermarkets Nigeria Limited will be closing its Wuse Store located in Novare Wuse Central Mall, Abuja. This decision has been made after a thorough evaluation of the store’s financial situation and the current business climate. We believe this is the best course of action for our organization’s long-term growth.
“Effective June 30, 2024, our company will no longer operate in Wuse, Abuja, and we will no longer require your services for the Novare Wuse Central Mall Store. Please note that all existing service contracts will also terminate for the store.”
