We’re not shutting down – ShopRite Story by Jessica Mbamah  Retail Supermarkets Nigeria Limited, RSNL, the operator of the Shoprite franchise in Nigeria, has said it is not shutting down, reaffirming its commitment to continue doing business in the country. In a statement, the firm, backed by new investors, clarified the current business operations, stressing that it is undertaking a holistic business model reset to align with Nigeria’s economic realities. “The former business model, inherited after the company’s acquisition, heavily relied on large store formats, imports, and high overheads. “This model is no longer viable...