Shoprite has said that its operation in Kano State will cease from January 14, 2024.
The franchise, which has a space in Ado Bayero Mall in Kano, said in a circular distributed to the media on Thursday that it decided to end operations in the northern state due to financial difficulties and high production costs.
“I regret that our store in Ado Bayero Mall, Kano, will close its doors on January 14, 2024. This decision was not made lightly, as we understand the impact it may have on our employees and the community.
“However, after careful evaluation of the financial situation of the store and the current business climate, we believe that it is the best cause of action for the long-term growth of our organization.
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“We understand that this news may be difficult to digest. We want to assure you that we are here to support you during this transitional period, your well-being is our top priority, and we will do everything we can to assist you in finding new opportunities within our company, we encourage you to apply for any vacant position in existing our store across the country through the Human Resources department,” the circular read.
The store indicated that it would be opening new branches in other parts of the country, adding that its employees in Kano can apply for jobs in those stores.
This comes moments after Jumia announced it was closing down its subsidiary Jumia Food by the end of this month, citing growing economic challenges.
