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This population is expected to rise to million by Every business minded individual knows that a rise in population means improved income.
It is not surprising to find supermarkets in almost every alley and street in major cities within the country. The only differentiating factor among these supermarkets being the size and number of commodities sold. These factors are usually dependent on the amount of capital at the disposal of the entrepreneur.
Most Nigerians, especially those living in metropolitan cities, visit supermarkets for their daily needs. These supermarkets have in stock different kinds of materials ranging from food products to laundry materials and beauty care products amongst others.
Lagos undoubtedly accounts for the highest number of supermarkets in the country.
This should not be surprising considering the high population of the State. Lagos State is the most populous State in Nigeria with an estimated population of almost 20 million inhabitants. According to studies carried out by Accenture, Nigeria has attracted top supermarket franchises in the world like Walmart and Shoprite.
The study presents that Nigerian citizens will be spending about Supermarkets are usually run by the entrepreneur who started the venture or sometimes leased out to be run by other individuals. In Nigeria most supermarkets sell a couple of products which are out of the regular supermarket stock like medicines, electrical supplies, clothing materials, etc.
Statistics show that Lagos has the highest number of supermarkets in the country. Regardless of this statistics it is evident that the population of the city far outweighs the number of supermarkets.
There is still a huge chasm between the number of supermarkets and the population of the city. This shows that there is a major need for more supermarkets to set up in different parts of the metropolitan city.
Our supermarket is committed to satisfy customers by way of providing a wide scope of high quality and competitively priced products as well as excellent customer service. To achieve this we need an initial capital outlay of 7, Asides the oil present in the country, a major resource in Nigeria is the constantly growing population.
Presently the country is the most populous black nation boasting of a population of million individuals. These supermarkets are beginning to procure processed foods from Nigerian companies that get their raw materials from local farmers.
An evidence of this is the consistent rise of stores in different parts of the country. Definitely the market is not in Lagos alone as some will think. Several factors have contributed to the rise of retail stores, otherwise known as supermarkets in Lagos and indeed Nigeria.
One of the major factors is the inflow of young people seeking work and business opportunities in big cities. Before pressing on it is expedient to quickly discuss what a supermarket is, how the idea came about, characteristics and a few other info in brief.
What is a supermarket?
A supermarket, according to Wikipedia, is a self-service shop which offers a wide variety of products such as food, electrical products and other household needs which are organized in aisles.
Another school of thought sees a supermarket as a large scale retail institution, usually larger than a simple grocery store, which specializes in convenience and necessary goods. A supermarket is usually a departmentalized store which is separated into four departments.Karen has written a comprehensive introduction to the series, along with hints and tips on how best to exploit these lessons in the rutadeltambor.com lesson plan contains a lesson summary, comprehensive teacher's notes and reading articles with comprehension questions and related vocabulary exercises.
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