In its bid to make quality and affordable consumer goods accessible to customers, FoodCo Nigeria Limited, a multi-channel retailer, has announced the launch of its first purpose-built convenience outlets, tagged, FoodCo Quick Shop, with two new outlets in Ibadan, Oyo State. This extends the brand footprints to 11 across the country.
Speaking on the launch, Ade Sun-Basorun, Chief Executive Officer of FoodCo Nigeria Limited, said in a statement that FoodCo Quick Shops are designed to bring organized retail “closer home,” in order to address the challenges of limited options for top quality products customers typically contend with while shopping in neighbourhood stores.
He said: “We are excited to announce the launch of FoodCo Quick Shops, our model neighbourhood convenience stores where community members can readily dash in for their everyday essentials such as groceries, fruits and vegetables, toiletries, meals and pastries.
“We continue to make these investments, despite the challenging economic climate particularly in the face of the COVID-19 pandemic, because we are a proud Nigerian brand vested in the growth of the country’s organized retail sector.
After 38 years of serving this market, we have come to share a bond with our customers and understand their yearning for easy access to the convenience and friendly service that organized retail offers, which also informs our strides,” he added.
“Nigeria’s consumer goods ecosystem is constantly evolving and the huge working-class population, as well as the young demography amongst other factors, are springboards that are enabling sectoral growth of the retail space”