FoodCo Expands To Lagos Mainland With 22th Outlet in Ikotun

FoodCo, a Top 5 retailer in Nigeria and one of Africa’s fastest growing companies, has announced the opening of its latest brand store in Ikotun, Lagos.

The Ikotun store marks a significant step for the company as it is the first brand store located within the Lagos Mainland. It also brings the total number of stores to 22, spread across Ibadan, Lagos and Abeokuta.

Speaking on the launch, Funmi Aiyepeku, the company’s Head of Innovation, Growth, and Business Transformation, emphasized that the move to Ikotun is driven by FoodCo’s mission to make modern retail accessible to all Nigerians regardless of their location or socio-economic conditions.

She said: “We are excited about the opening of the latest FoodCo brand store in Ikotun. This event also marks our formal expansion into the Lagos Mainland following earlier launches in Ikoyi and Lekki on the Island.

“Lagos State is home to over 20 million people and Ikotun is a major hub with a significant number of the city’s young and upwardly mobile population. FoodCo Ikotun offers a wide array of high-quality products including groceries, household essentials, apparel and confectionery, all located within a modern and spacious shopping environment. We have curated an experience that not only matches the sophistication of today’s shopper but also complements the demands of their everyday lifestyle.”

“As a customer-focused company, FoodCo customers can be rest assured that we will continue to strive to spread our locations to where they need us. This is why it gives us great pleasure to bring the convenience and quality assurance that modern retail offers to our customers in Ikotun and environs,” she added.

Established in 1982 as a fresh fruits and vegetable store, FoodCo is a diversified consumer goods company with interests in retail, quick service restaurants, manufacturing and entertainment. With 22 outlets spread across Oyo, Lagos and Ogun States, the company operates the largest supermarket chain brand in the Southwest, outside Lagos.

FoodCo was ranked in the Financial Times Annual Africa’s Fastest Growing Companies list for the consecutive years 2021 and 2022.