Since opening their first store in Lagos in December 2005, they have launched additional 25 stores across eight states in Nigeria including the Federal Capital Territory (FCT), and have employed more than 2000 people of which 99% are Nigerian citizens. ShopRite made a promise of lower price, the promise has formed the very foundation of their business, and has helped ShopRite to grow Africa's largest food retailer. The offer world class shopping experience on a variety of food product, household goods, small appliances at lowest possible prices.
ADVANTAGES OF SHOPRITE
1. They sell their products at a very cheap price, that is available for most of their customers.
2. They have a very conducive location, and sell any different type of food, grocery and home appliances.
3. They give the citizens of the country an employment opportunities.
4. They givd hopes to Farmers and small retail outlets.
DISAVANTAGES OF SHOPRITE
1. They don't have branches in some states in the country.
Shopping Malls are one of the things that we don't find in Nigeria easily and that is what this company took advantage of in the year 2005 when they established their first mall in the Federal Capital Territory, Abuja Nigeria, this company has ever since made different expansion to almost all of the States of the country, this Shop Rite gas many different arms inside their shopping mall, there is something about electronic, children's clothes and the likes. It is like one stop shop for all your shopping needs.
1. Have taken advantage of shortage of malls in Nigeria and make them profitable.
2. Have some good quality products that everyone would trust.
1. Their prices are ridiculously expensive.
2. They don't have same quality across the country.
Shop Rite is one of the biggest mall that we have today in Nigeria with their operations spread across different states in the federal Republic of Nigeria, although there is one state in particular that they have not established their presence which is Edo State, the fact is that their plans is to have established presence in all states of the country, they also don't have outlets yet in Ebonyi State of Nigeria, these are some of the limitations that I think they have at the moment.
Advantages of Shop Rite.
1. They are present in many states across Nigeria.
2. They have more than one outlet in busy states like Lagos for the sake of convenience.
3. You can get some pretty cheap items from them.
Disadvantages of Shop Rite.
1. Some of their outlets sells expensive items example is the one in Enugu State Nigeria.
2. They need to be able to have uniform prices across Nigeria.
One of the best things about Shoprite is their commitment to lower prices. This commitment has made the very foundation of their business, and has helped the company grow into Africa’s largest food retailer. They also offer their customers bulk buying power, with world class shopping experience on different types of food, home goods as well as small appliances at the best price you can get. The downside however is that the stores could overcrowded during festivities and they have limited branches.
Shoprite pride themselves in giving consistent savings on all the important groceries you need. They opened their first store in Lagos in 2005. And since then they’ve launched more than twenty five stores across different states in the country. Shoprite employs over two thousand people, the majority of them are Nigerians. They also have a history of supporting Nigerian business as well as contributing to the wellbeing of the community.
Shop Rite opened up their first Mall in the commercial hub of Nigeria which is Lagos State in December 2015, they have been able to make expenses for expansion into other regions since that time with their Mall opened in almost every state capital in Nigeria, they have more than 25 outlets in Nigeria at the moment, places where they have not opened their stores and malls is probably due to something that they have perceived as not profitable or maybe they securities in that region does not permit them to have an outlet.
Advantages of Shop Rite.
1. You can get anything at a cheap rate.
2. They are opened till late hours in the night.
3. Good products are guaranteed there.
Disadvantages of Shop Rite.
1. Things are always expensive than other outlets especially in some other states.
The shoprite group of companies was established in the year 1979 and had its headquarters in South Africa. Shoprite is no doubt the largest African food retailer spanning across 15 countries. The shoprite company has a vision to even grow stronger with innovative ideas to make it seek recognition globally. The shoprite company sells majority of things ranging from furnitures, clothings, food, accessories and all you can think of.
1. It had created a lot of employment opportunities to people in different countries
2. They have a wide range of things which they sell
3. They are not so expensive and affordable.
1. They are only present in the heart of the city.
Shop Rite is one of the leading malls in Nigeria because they have successfully opened their business in almost every state in Nigeria
The location where they don't have these outlets is probably because there is a methodology that they would need to use on order to evaluate the risk that they can encounter in comparison with how much they can earn, an example is that they cannot have businesses in a place where there is high level of poverty because they will not have much sales on comparison with other cites that have enough money.
1. Things are the best here.
2. You could get original items.
3. They have everything you need.
1. Prices varies on different places.
Shop Rite in Nigeria has employed around 2000 people in the country which means that they have good intentions for our country Nigeria, they have been around since 2005 and since that first date when their open their first branch in the Federal Capital Territory which is Nigerian capital in Abuja, they have successfully opened other outlets across the country which is serving the population well, there are certain things that we need to understand about them though, it is very difficult to want to purchase something that they won't have which means we can always practically everything that we need.
1. They have many outlets across Nigeria.
2. You could get certain items pretty cheap.
1. Prices are different from across the country with their items.
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