About: http://data.cimple.eu/news-article/671db3b5c0e45a24fcf0daecca95d4ccc47ef31a7bf8b3e4103c6a03

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About: http://data.cimple.eu/news-article/671db3b5c0e45a24fcf0daecca95d4ccc47ef31a7bf8b3e4103c6a03 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	South Africa's Shoprite group, the continent's largest supermarket chain, said Monday it was mulling exiting Nigeria a decade-and-half after it ventured into the continent's most populous country. It said it was revaluating its operating model in Africa's oil producing nation. "Following approaches from various potential investors, and in line with our re-evaluation of the group's operating model in Nigeria, the board has decided to initiate a formal process to consider the potential sale of all, or a majority stake," it said in a statement. Shoprite, which caters for mainly middle class shoppers in Nigeria, "may be classified as a discontinued operation" by the end of the current financial year, it said. The retailer opened its first shop in Nigeria in 2005. In 2014 it opened it first outlet in Kano in northern Nigeria as part of an aggressive expansion drive, defying wider concerns about security in the region. Shoprite operates more than 2,300 outlets in 15 African countries, including Nigeria, Angola, Malawi, and Zambia. sn/rl
schema:headline	S.Africa's Shoprite grocery chain may pull out of Nigeria
schema:mentions	Shoprite (South Africa) Populous (company) Angola Kano Malawi Zambia Supermarket Africa South Africa Nigeria
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-08-03 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	83 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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