Hubmart Stores Limited has identified job creation, socio-economic prosperity and empowerment of Nigerians as the core reasons behind its expansion plan to all states of the federation.
Hubmart, a purely indigenous retail firm, thus said it would remain committed to adding values to the domestic economy of Nigeria by providing quality service to its customers and communities.
The Chairman of the retail firm, Dr. Chris Ogbeche disclosed the firm’s expansion plan at an ultramodern shopping mall he recently unveiled at Isaac John Street, Ikeja GRA, Lagos State.
Ogbeche unveiled the shopping mall alongside Hubmart Chief Executive Officer, Mr. Murat Bektaslar, Group Managing Director of GTB Plc., Mr. Segun Agbaje and Senior Adviser, Homeland Real Estate Company, Mr. Francis Atuche, among others.
After unveiling the shopping mall, Ogbeche said Hubmart would remain committed to empowering Nigerians, creating employment and adding value to the lives of its customers through fresh products and quality service.
He explained that Hubmart had started implemented a strategic plan, which he said, was designed â€œto have strong presence in all states of the federation. Our expansion plan is guaranteed to ensure that the footprint of Hubmart will be seen in every state in Nigeria.
â€œWe are known for fresh products. We are the leader in fresh products ranging from vegetables, fruits, seafood, and dairy food all at attractive prices. We have been able to maintain this standard because over 50 per cent of our business is not reliant on foreign exchange.â€
Besides, Ogbeche noted that the other 40 per cent â€œis dependent on Nigerian businesses that produce here and only the last 5 to 10 per cent depend on imports. So, we run a business that supports domestic economy; depends less on foreign exchange and seeks to build local capacity.â€
Likewise, Bektaslar disclosed that the shopping had provided employment to over 150 young Nigerians apart from hundreds of highly talented graduates, technicians and experts that had been engaged in other Hubmart stores.
He explained that 60 per cent of the employees were sourced from the local community, whom he said, would serve as a source of livelihood to many more via the extended circle of influence on the local communities (suppliers, engaged vendors, etc.).
He, therefore, described the shopping mall as a customerâ€™s delight, stating that the store â€œwill serve as a one-stop shop for all customer grocery, cleaning, fresh and household needs.
â€œWe have created an environment where customers can find everything they want under one roof, get the best quality of ultra-fresh produce, and have a delightful, fulfilling and exciting shopping trip.â€
Bektaslar stated that locating the mall in Ikeja was significant, noting that apart from being the capital of Lagos state, Ikeja is centrally located and easy to access from various parts of Lagos.
He noted that apart from some of the community development efforts embarked upon, the business was poised to engage and positively impact the local community with the array of initiatives in the pipeline.
Bektaslar said the shopping mall was Hubmartâ€™s second outlet in Lagos, noting that it was designed â€œto serve all customers better. We have created an environment where customers can find everything they want under one roof, get the best quality of ultra-fresh produce, and have a delightful, fulfilling and exciting shopping trip.â€