Shoprite Mall in Wuse, Abuja, will close its doors on June 30, 2024. This announcement was made by Dr. Folakemi Fadahunsi, the Chief Executive Officer, in a circular on behalf of the retail supermarket.
The decision follows a comprehensive assessment of the store’s financial health and the prevailing business environment, influenced by the current economic conditions in the country.
The mall has informed its vendors that their services will no longer be required from June 30, 2024.
The circular states, “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.”