The Retail Supermarket Nigeria Limited (RSNL), owner of Shoprite, has announced that it would cease operations at its Wuse store located in Novare Wuse Central Mall, Abuja from 30 June.
The company’s Chief Executive Officer, Folakemi Fadahunsi, said in a circular titled ‘Notification of Novare Wuse Central Mall, closure’ dated 21 June that the decision was made after a thorough evaluation of the store’s financial situation and the current business climate.
“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 organisation’s long-term growth,” the statement said.
It said effective 30 June the company will no longer operate in Wuse, Abuja, and “we will no longer require your services for the Novare Wuse Central Mall Store.”
The statement noted that all existing service contracts will also terminate for the store.
“If your services are specifically tied to the Novare Wuse Central Mall Store and if there is an outstanding balance between our companies, we will carefully review our accounting records over the next 60 days (about 2 months). We will then promptly contact you to confirm the amount owed and discuss a suitable payment schedule.
“We would like to express our gratitude for your past business. It has been a pleasure working with you and your team. If you have any questions or concerns, or if there is anything we can do to assist you during this challenging transition, please do not hesitate to reach out to us,” the company said.
