SHOPRITE’S NIGHTMARE AND RIGHTING THE NAIRA
Retail Supermarkets Nigeria popularly know as Shoprite in recent years have been struggling in Nigeria, majorly because of unfavorable policies and the multiplier effect of xenophobic attacks. According to Nairametrics in April, Shoprite reported sales decline of 8.1% in H2 of 2019 directly traced to the September 2019 xenophobic attacks. Fast-forward to 2020, Shoprite Nigeria …


