FoodCo Expands Footprint in Ibadan, Unveils Store

Omolabake Fasogbon

Omni-channel retailer, FoodCo has announced the opening of its 21st store in Gbagi, Ibadan in a significant expansion move. 

The new store would be Foodco’s third outlet launched in the course of 2023.

Speaking on the expansion, the company’s Head of Innovation, Growth and Business Transformation, Funmi Aiyepeku, stated that the expansion was aimed at bridging gap in modern retail and meet demands of growing population in Ibadan. 

“Statistics puts the Ibadan metro area population at almost 4million which is a 3.1 per cent increase from last year. Accordingly, it is incumbent on stakeholders like us to scale operations to meet the demand for modern retail among the growing population.

“We recognise that the modern shopper is dynamic in their taste and preferences. Consequently, our new store boasts a modern design and wide variety of high-quality products at competitive prices, all guaranteed to offer an enhanced shopping experience for our customers,” she added.

The firm also seized the occasion to announce its annual Christmas promo which kicked off December 13. 

On this, Aiyepeku stated that customers would enjoy special discounts on a selection of products across groceries, household items, toiletries and cosmetics, among others. 

She added: “Beyond our mandate to make modern retail accessible and affordable, we have also established a legacy of rewarding our customers who have stuck with us through thick and thin. This Christmas promo is just an expression of our gratitude to our dear customers.”