Skip to main content

Walmart To Open In Lagos Soon - Retail Stores In Nigeria Should Get Ready For Competition

Walmart, the world no.1 retailer by revenue is set to enter Nigeria's retail market. The company will be opening one of its big stores in Lagos, Nigeria's business hotspot.
Walmart's top executive for Europe, the Middle East, Africa and Canada, Shelley Broader, had a meeting with Governor Akinwunmi Ambode on the possiblity of opening Walmart stores in Lagos and the discussion appears to be fruitful.

Governor Akinwunmi who is excited at the coming of Walmart to Lagos noted that Walmart entry to Lagos would create job opportunities for the teeming youths in Lagos.
Although this is the first time Walmart stores will be opening in Nigeria, Walmart has had business operations in Nigeria and 12 other African countries since 2011. The company brought South African general merchandise retailer Massmart. Massmart now has six outlets in Nigeria.
This move by Walmart would no doubt create some employments but at the same time, retail stores in Lagos and indeed Nigeria should get ready for some competition. The entry of big wigs like Walmart will definitely have some impacts on retail business in Nigeria.

Comments

Popular Posts

OMG! Small Children Rocking Themselves In Intimate Dance At A Party

Underage kids were video here dancing erotically to an equally indecent music at a children's party. After watching this video, I was was more than convinced that we are the last generation of homo sapiens (wise man/woman), the next generation are just evolving into some species that will shake everything we call values.

Wahala! Arsenal facing investigation after fans ripped up Tottenham hoardings at White Hart Lane

A section of Arsenal fans are set to face an investigation from the police and the Football Association after tearing down hoardings at White Hart Lane following Wednesday's League Cup victory over Tottenham.

Egypt pull out of 2015 All African Games football event

The north African country have withdrawn from the football events of Brazzaville 2015 according to the Confederation of African Football Egypt have withdrawn from participating in the men and women’s football events of the 2015 All African Games billed for Brazzaville in September.