Nigeria retail brand of the year



For the subsequent year running, FoodCo, Nigeria’s quickest developing store chain brand, has been named Retail Brand of the Year at the BusinessDay Nigerian Business Leadership Awards (NBLA) coordinated by BusinessDay Media.

The 2021 version of the Awards, which perceives momentous business pioneers and associations in Nigeria for their supported obligation to greatness in big business, held as of late at the Oriental Hotels, Lagos and pulled in business pioneers and commanders of industry from across different areas of the economy.


As indicated by Dr. Ogho Okiti, Managing Editor, BusinessDay Media, not really settled dependent on a severe screening process which evaluated the chosen people against a bunch of weighted rules including advancement, administration conveyance, item quality, monetary outcomes, corporate administration, Nigerian personality, morals and uprightness.

Talking on the decision of FoodCo as Retail Brand of the Year, Okiti expressed that the board of judges pivoted its choice on the organization’s tradition of more than 30 years giving top quality items, remarkable client support and noteworthy development execution notwithstanding an intense working climate. He likewise noticed that the business multiplied its impressions notwithstanding the difficulty of the COVID-19 pandemic, as well as utilizing advancement and innovation to develop retail entrance in Nigeria.

He said: “The administration of FoodCo has shown exceptional deftness in its capacity to react to changing business sector elements just as discipline in the execution of the gathering’s corporate system. These can’t be taken for conceded when partners and controllers are considering sheets responsible to tough administration assumptions.

“FoodCo’s supported obligation to building limit inside the nearby market through expert preparing, interests into the SME people group and huge work creation are different characteristics that stand it separated.”

Ade Sun-Basorun, Chief Executive Officer, FoodCo Nigeria Limited, who was available to get the honor, committed the success to the organization’s clients and representatives.

He said: “We are thankful and lowered at this acknowledgment from BusinessDay. We owe this success to our north of 4 million clients and three age of families who have voyaged this street with us through various challenges. I likewise might want to see the value in all of the 850 staff just as our board who keep on working energetically to guarantee that FoodCo follows through on its command to increase present expectations in Nigeria’s retail area through incredible client support conveyance.”

Set up in 1982 as a new products of the soil store, FoodCo is a broadened shopper merchandise organization with interests in retail, speedy assistance cafés, assembling and amusement. The organization works the biggest store chain brand in Southwest Nigeria, outside Lagos and is one of just two multi-cannel retailers in the country.


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