FoodCo expands business frontiers, commissions 7th outlet in Ibadan

IN tune with its vision of maintaining its dominance in the retail chain business in the South West, the management of FoodCo Supermarkets , over the weekend,  announced the commissioning of another outlet of the business in  Akobo, an ever-bustling  area of Ibadan, in  Oyo State.

Speaking at the commissioning of the new outlet, the company’s Executive Director, Mr. Ade Sun-Basorun stated that the  decision to open the new outlet in the area was informed by the need to ensure that the company’s array of quality products are  made available to more customers in the city, especially the teeming population in the area.

He stated that the supermarkets which opened its doors for business in the state, in 1982, as a ‘humble fresh food stall’ in Bodija, evolved to a full supermarket in the 1980s and had since grown  to become the leading retailer in Ibadan, with seven outlets in different parts of the ancient city.

Sun-Basorun explained that the supermarket had, over the years, refined its offerings to meet customer needs and  consistently pioneered new offerings, as a way of enhancing  customers’ shopping experiences.

He  attributed the feats the company had been able to achieve, over the years, to the staunch support it enjoys from  all major consumer brands, a development, he added, had committed the company to very responsible and ethical operations.

“For instance, we’ve been able to take care of the issue of fake and adulterated goods being sold in any of our outlets; since what we get and display on the shelves here are straight from the brands, the manufacturers, themselves,” he stated.

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Sun-Basorun  added  that the  company had also established strong partnership with manufacturers of local products as a way of encouraging and helping local businesses grow.

He  expressed the hope that the latest outlet would go a long way in enhancing the shopping experiences of the people around the area and further ignite economic activities.

Sun-Basorun also hinted of the company’s intention to further extend its operations beyond the state, into other states in the South West, to enable the people of the region enjoy its variety of quality products at affordable prices, in tune with the core value proposition of the company.

Expressing his delight at the commissioning of the new outlet,  Sales Development Manager, Cadbury Nigeria, Mr. Olalekan Kayode, one of the company’s major suppliers, stated that the Akobo outlet would further enable the two brands realize their goal of providing more Nigerians with affordable products.

“We at Cadbury are delighted to be part of this. It is a partnership that has been built over the years, and we are happy that the company has  become one of the most retail chain through which we get to our consumers,” he added.

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