• Friday, April 19, 2024
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Lagos formal retail market expands with entry of FoodCo

FoodCo

FoodCo Nigeria Limited, a diversified consumer goods company with interests in retail, quick service restaurants, manufacturing and entertainment, plans to extend its footprints into Lagos with the opening of its first outlet in Lekki in October.

FoodCo currently operates the largest supermarket chain in South-West Nigeria, outside Lagos and it is ranked among the Top 10 supermarket brands in the country by National Consumer Brands, according to a statement. 

Speaking on the new store, Ade Sun-Basorun, Chief Executive Officer Designate of the company, in the statement said that the decision to extend to Lagos was taken in response to the yearnings of Lagos consumers for convenience, premium, shopping and entertainment experience at affordable price.

While revealing the theme of the Lagos outlet launch as “Lagos Life, Ibadan Price, he stated that the Lekki outlet will continue FoodCo’s rich tradition of providing a modern shopping experience combining excellent customer service, top quality products, continuous innovation and affordable pricing to meet the lifestyle needs of the contemporary shopper. According to him, the Lekki outlet will provide an opportunity for Lagosians to savour FoodCo’s unique proposition which thrives on affordability for premium experience.

He said: “The new FoodCo Lekki outlet marks the next phase in our evolution as we bring our model lifestyle malls incorporating a modern shopping centre, restaurant and premium entertainment to customers in Lekki, Lagos. In over 37 years of existence, our customers have come to trust the FoodCo brand as a reliable neighbourhood partner whether it is in satisfying their grocery and other consumer retail needs or as a responsible stakeholder invested in the growth of our host communities as well as forging meaningful relationships with suppliers and other business partners.

“As part of activities to mark the opening of the Lekki outlet, FoodCo will be giving out free vouchers every hour during opening periods from October 12-13. We would be offering tons of free product samples for foods, toiletries. There will be incredible deals, music and fun atmosphere for visitors”, he added.