‘Tenants come and go’ — Ado Bayero Mall in talks with retailers to replace Shoprite

The management of Ado Bayero Mall, Kano state, says it is in talks with major retail chains to take spaces within its property.

The development comes after Shoprite Nigeria announced plans to close its store in Ado Bayero Mall on January 14, 2024.

In a statement signed by Ike Okeke, the mall’s director, he expressed regret that Shoprite based its decision on the state of the nation’s economy.

“We note with regret, the decision of the management of Shoprite to end its operations in Kano effective January 2024 stating the current challenging economic situation in the country as its reason,” 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.”

Okeke said the mall does not interfere with its tenants’ business operations or investment decisions, “these being entirely their responsibility and prerogative”.

He added that as with global practices, mall tenants come and go based on goals set by the business proprietors.

“While we wish Shoprite the best in their future endeavours, we wish to assure the shoppers and customers of the mall as well as the good people of Kano that new major retail chains are in discussions with us to take spaces within the mall and these will be announced in the not distant future,” the statement reads. 

He said the mall’s commitment to providing the best global quality shopping experience to Kano residents remains steadfast.