It’s official, the world’s largest retailer – Walmart is set to open it’s first superstore in Lagos . The announcement comes a few days after Shelley Broader, President and CEO Walmart Europe, Middle East, Africa and Canada as well as other Walmart execs visited Lagos State Governor – Akinwunmi Ambode at the state house on Thursday July 30.
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Walmart already has presence in Nigeria and 11 other African countries with its Massmart subsidiary—but the stores in Lagos will it’s first Walmart stores on the continent.. The company sees the Lagos stores as the first step to expanding across Africa.
DO YOU THINK WALMART COMING TO NIGERIA IS GOOD OR BAD FOR LOCAL RETAILERS?