One of the former largest chain stores in Nigeria, Leventis Stores will return to Nigeria before the end of the year.
The chairman of Leventis Foundation Nigeria, Ahmed Mantey, announced this on Tuesday in Abuja.
Leventis stores dominated the Nigerian consumer goods formal retail market in the 1980s alongside the likes of Kingsway and UTC.
At a media briefing session at Leventis Foundation Nigeria on Tuesday, Mr. Mantey, who is also Non-Executive Chairman of the A.G. Leventis group, disclosed that the first two new stores would be opened in Lagos.
He said A.G. Leventis has made a partnership with a South African company called Pick and Pay in light of making the return to retailing a reality.
He added that the stores would be operated through a neighbourhood store model, unlike the Shoprite supermarkets currently in operation in the country.
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