The South African retail giant announced this in a circular signed by its Chief Executive Officer, Dr Folakemi Fadahunsi, on Monday, June 24, 2024.
The company said the closure of its outlet, located in Novare Wuse Central Mall, is the best course of action for its long-term growth.
The circular reads, “We regret to inform you that as of June 30, 2024, Retail Supermarkets Nigeria Limited will be closing its Wuse Store located in Novare Wuse Central Mall, Abuja. This decision has been made after a thorough evaluation of the store’s financial situation and the current business climate. We believe this is the best course of action for our organization’s long-term growth.
