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The retailer, which is among the top five supermarket chain owners in the country has outlets spread across Oyo, Lagos and Ogun States. Ade Sun-Basorun, Chief Executive Officer of FoodCo, said that this move is meeting evergrowing retail demands in the Country. “We are excited to announce the opening of FoodCo’s 15th outlet. Given that Ibadan is the birthplace of the brand, FoodCo shares a special relationship with the city and we have continued to enjoy enormous goodwill and support from our teeming base of customers and well-wishers since we opened our first shop almost 40 years ago,” he stated. FoodCo is a customer-focused brand, built on values of delivering customer satisfaction and growing for the benefit of all their stakeholders. “This is a major motivation behind our investments in deepening modern retail penetration in the country in order to meet the increasing demand from the bourgeoning middle-class and sophisticated customer segment who crave the convenience, quality assurance and superior customer service that the sector offers,” Sun-Basorun added. The new outlet has a Quick Service restaurant offering local and international cuisines including delicious pastries, it holds groceries and household products also. FoodCo was established 40 years ago as a diversifying consumer goods company with retail, quick service restaurants, manufacturing and entertainment as their markets. The company operates the largest supermarket chain brand in South-West Nigeria, outside Lagos, and is currently only one of two omni-channel retailers in the country.
Source: FoodbusinessAfrica, April 2022
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