ASSETS & FINANCIALS

Marketsquare replaces Shoprite at Lagos mall

Marketsquare replaces Shoprite at Lagos mallPurplemaryland has said Marketsquare, a grocery retailer, will open its outlet at the mall following the exit of Shoprite.

According to a statement by Purple Group, owners of Purplemaryland, the opening will allow customers access to a variety of bakery, groceries household, office and personal care products.

It said, “Marketsquare, a member of the Sundry Group, shall assume Grocery Anchor position and commence trading at Purplemaryland with immediate effect. Purplemaryland’s decision is to adopt strategies and synergies earmarked on the need for continuous growth and performance of its current and future group assets.

“Our partnership with Marketsquare showcases a depth of synergy across Purplemaryland and Purplelekki, both Grade A landmark mixed-use assets. We will continue our approach of developing strong homegrown domestic alliances.”

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