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FoodCo launches new retail outlet

FoodCo launches new retail outlet


FoodCo Nigeria Limited, one of Nigeria’s leading supermarket chains, has opened its 13th brand outlet in Ajah, Lagos.

The new outlet was launched following the unveiling of FoodCo’s  Ologuneru Plaza in Ibadan, Oyo State, which offers a full range of the supermarket’s services with a promise of delivering high quality products and deliciously cooked meals.

Speaking about launch, Ade Sun-Basorun, the Managing Director of FoodCo Nigeria Limited, stated that the plaza houses general merchandise, grocery, a Quick Service Restaurant and entertainment centre, adding that it is positioned to bring the joy of high quality retail to a growing suburb in Lagos.

“Rolling out two stores in two weeks is simply a continuum in what has been a consistent and successful expansion that has seen FoodCo double its footprint in two years. The business has equally been committed to bringing affordable great products to customers both offline and online, leading to its investment in creating Nigeria’s first true online supermarket which affords residents of Ibadan and Lagos access to its full assortment of modern retail from the comfort of their homes within a matter of hours,” he said.

He continued: “As a brand, we are deeply committed to helping our customers save money and there is no time they need to do that more than during the challenging economic cycle. And having been around for 38 years, the FoodCo brand is wrapped around a rich legacy of outstanding customer service driven by innovation.

“Choosing Ajah is very much in accordance with FoodCo’s strategic approach to deepen retail penetration particularly among emerging communities who prefer the convenience and comfort that modern retail offers.”

Founded in 1982 as a stall for high quality fresh foods, FoodCo has grown to a one-stop-shop for consumer goods, including a supermarket division, restaurant chain and bakery. It is currently the largest supermarket chain in Oyo State and second in the south-west, outside of Lagos.

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