By Omolabake Fasogbon
A new retail store, PricePointe Wholesale Club, has spread its tentacles in the Nigerian market, to address retail challenge in the country.
The new entrant, modelled after the United States of America based Costco and Sam’s Club, would deal strictly in wholesale offerings to customers comprising retailers, families and individuals that are registered on the platform.
The colourful launch held at the store’s flagship warehouse in Ilupeju, Lagos, in partnership with Ecobank and Old Mutual Limited.
Chief Executive Officer of the firm, Mr. Tayo Williams, explained that the new venture, which is more of a cooperative for cooperatives, is a formal wholesale store that exist to reward and solve problems for retailers, as well as get best deal for registered members.
He said: “PricePointe Club is pioneering a world-class multi-store to provide a one-stop lifestyle shopping experience for Nigerians…
