The management of Ado Bayero Mall has expressed its readiness to welcome new investors into its fold as Shoprite Supermarket chain announces decision to withdraw its operations from Kano State come January 2024.
The mall expressed regrets over the decision of Shoprite who cited a difficult business environment threatening its survival.
Daily Trust on Sunday reports that Games; a similar shopping outlet and one of the biggest, had recently exited and ceased operations in the mall also.
Recall that Shoprite first started operations in Kano in March, 2014 and it is now quitting the core northern state after nine years of operations.
Reacting to the development, the management of the Mall said it was unhappy with the decision adding that it has moved quickly to invite other investors to fill the vacancy that would be left by Shoprite.
In a statement, the Director of the Mall, Ike Okeke said,“Over the ten years that the company operated out of the premium Ado Bayero Mall in Kano, we have enjoyed a cordial and mutually beneficial relationship and always extended to them the famed social and business-building support all tenants in the mall enjoy.”
He added that it is the responsibility of all investors at the mall to make their business decisions without any interference from the management as it is a normal practice for tenants in all malls around the world to come and go depending on how their interests are served or otherwise.
