• About Us
  • Contact Us
  • Privacy & Policy
Friday, December 12, 2025
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
Advertisement
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
No Result
View All Result

High Cost, Low Sales: Supermarkets Hit Hard by Consumer Shift to Wholesale Markets as Inflation Worsen

Vincent Amadi by Vincent Amadi
February 27, 2025
in Economy, News
Reading Time: 5 mins read
A A
0
High Cost, Low Sales: Supermarkets Hit Hard by Consumer Shift to Wholesale Markets as Inflation Worsen
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram

Before the Nigerian economy took a sharp and sustained downturn, shopping at superstores was not just about purchasing essentials; it was a lifestyle that many Nigerians indulged in with pleasure.

These large retail outlets became more than just places to buy groceries; they were spaces where people took photos to show-off their day’s activities or simply enjoy some leisure time.

The long queues at these stores were almost a given, with customers patiently waiting their turn at the cash registers, often wondering how long it would take to get through.

However, a recent visit by journalists to various supermarkets and shopping malls paint a very different realistic picture from the bustling activity of the past. The once busy malls, packed with shoppers looking for deals and essentials, are now noticeably less crowded.

The era of Nigerians flocking to big malls and supermarkets for basic needs seem to be over. Instead, more people are turning to local wholesale shops, where they can buy the same goods at lower prices and avoid the lengthy queues.

Mrs. Akinade Temitope, a banker, shared her experience of how she now prefers to shop at local stores rather than the big supermarkets she used to frequent.

“Everybody knows the prices of goods in the market are high,” she said. “But when you go to some supermarkets, it is ridiculous. Up to the price of bread, which is sold for N1,200. In bakeries outside supermarkets, the size of bread goes for N800. Who would know such and still decide to patronize the former?”

She went on to highlight the price differences that drove her away from shopping malls. “Ordinary Maggi small sachet is N380 in supermarkets, and a roll of 10 is N3,800 when I can get such at N3,000 in local shops.

“With the way businesses are crawling, salaries not increasing, and expenses piling up every day, one will need to change lifestyle.

“So, I decided to stop visiting the shopping malls and instead get my groceries at cheap prices in wholesale stores. This simple change in lifestyle has helped me cut costs a lot.”

Mrs. Monica Adams, a teacher who used to shop at supermarkets every weekend, echoed a similar sentiment. She now opts for smaller local shops, where she can buy her groceries in smaller quantities at more affordable prices.

“Before, I shopped in malls and supermarkets. But now, I don’t because of the rise in prices; I just decided to patronize local stores.

I can’t even buy the large quantity of food items I usually buy in these malls anymore. Now I just purchase what my money can afford.”

She also mentioned that the queues in these malls, particularly on weekends, have dwindled. “Those queues in the shopping malls and supermarkets, especially on the weekends, have reduced. Try to visit one, and you will see for yourself,” she added.

Yet, despite the shift in shopping habits, some people still frequent supermarkets for items that are hard to find in local stores.

Mr. Victor Oshinaike is one of those individuals. “I only visit the supermarket whenever there is an item I can’t find in the local market,” he explained. “I am a top fan of supermarkets because I don’t like moving about the local markets to get different items. But I don’t mind moving now to cut costs.”

He also emphasized how everyone, regardless of their gender, is now concerned with saving money, “it is before people say men don’t price. Now men are very conscious of the prices of goods and also look for where to get these goods at a very cheap price. There is no rich man in Nigeria; the rich also cry.”

Miss Kenny Boma, a pharmacist, also shared how her family had to change their shopping habits due to the rising costs.

“My family and I have shopped for groceries every month in shopping malls for years now, but for two months, we have not been able to do so anymore.

We now go to local markets to get things needed and manage. Apart from the cost, nobody has spare cash to do lots of shopping these days. Everyone is managing. They only go for basic things now.”

The story of reduced patronage extends beyond supermarkets to bakeries as well.

Shalewa Ogunsanya, a hair vendor, recounted her recent experience. “The queue in shopping malls used to give me trauma. For so many reasons, I hated it there, but they are the only stores where you can find all your groceries at once. I went to a particular one last week and was worried about the queue. To my surprise, there was no one in the queue when I got to the cashier’s counter.”

Curious, she asked the cashier why there were no crowds on a weekend, to which the cashier replied, “Things are so expensive, and not everyone can afford them in this economy. We are also being affected by poor sales too.”

Shalewa’s experience didn’t end there. She later visited a popular bakery known for its large customer base. “I visited a popular bakery to buy bread the same day. This bakery was also filled with customers who were always in queue. But that day, there was nothing as such. The attendant told me that they have even reduced their production size to avoid losses.”

It is clear that Nigeria’s economic challenges are not only affecting individual households but also the businesses that rely on consumer spending.

As prices continue to rise and incomes remain stagnant, Nigerians are being forced to make difficult choices in their spending habits.

The allure of big shopping malls and supermarkets is fading as more people turn to local stores in search of better deals and fewer queues.

While some may still frequent supermarkets for hard-to-find items, the general trend suggests that Nigerians are becoming more frugal in their shopping habits, focusing on essentials and seeking ways to stretch their limited resources.

The shift in consumer behavior is a direct result of the ongoing economic downturn, and it seems unlikely that the situation will change anytime soon. As Mrs. Temitope pointed out, “With businesses crawling, salaries not increasing, and expenses piling up every day, one will need to change lifestyle.” For many Nigerians, that change has already begun.

Vincent Amadi

Vincent Amadi

Related Posts

Tinubu orders conversion of grazing reserves to ranches
Economy

Tinubu orders conversion of grazing reserves to ranches

1 day ago
Niger Delta youths disassociate from anti-Ojulari protest
Economy

NNPC E&P records 355,000bpd output, first since 1989

2 days ago
SSANU to FG: Conclude renegotiation by Dec 31 or face nationwide strike
Economy

SSANU to FG: Conclude renegotiation by Dec 31 or face nationwide strike

4 days ago
Give NASS constituency projects fund to security – Ex-Defense spokesman, Enenche
National

Give NASS constituency projects fund to security – Ex-Defense spokesman, Enenche

4 days ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

NATIONS NEWS

PDP defectors to APC now sidelined ‘onlookers’ – Ogun party chairman
National

PDP defectors to APC now sidelined ‘onlookers’ – Ogun party chairman

12 hours ago
Breaking News: Former vice president Atiku Abubakar resigns from PDP
National

Atiku Slams EFCC: Warns Anti-Corruption Fight Is Turning Into Political Witch-Hunt

12 hours ago
Youth Party Warns APC: Nigerians Seek Alternative Ahead of 2027 Elections
National

Youth Party Warns APC: Nigerians Seek Alternative Ahead of 2027 Elections

12 hours ago
Vote buying: Why we’re yet to prosecute those arrested in Anambra – INEC
National

Vote buying: Why we’re yet to prosecute those arrested in Anambra – INEC

12 hours ago
Nigerian Soldiers Still Trapped in Burkina Faso After Forced Landing — Tuggar Speaks
International

Nigerian Soldiers Still Trapped in Burkina Faso After Forced Landing — Tuggar Speaks

12 hours ago
Tinubu orders conversion of grazing reserves to ranches
Economy

Tinubu orders conversion of grazing reserves to ranches

1 day ago

POLITICS

PDP defectors to APC now sidelined ‘onlookers’ – Ogun party chairman

PDP defectors to APC now sidelined ‘onlookers’ – Ogun party chairman

12 hours ago
Peter Obi, El-Rufai Granted Waiver Ahead 2027 Election

Suit seeking ADC’s deregistration  fraudulent – Former lawmakers caution court

1 day ago
SERAP Deputy Director Kolawole Oluwadare calling for transparent INEC Chairman Appointment Process

Tinubu meets Osun APC aspirants, says party must win governorship election

1 day ago
We’ll get our local governments running again — Gov Adeleke

Adeleke Leaves PDP: Osun Governor Joins Accord Party Ahead of 2026 Election

1 day ago
Disqualifying us from Osun APC primary, a total joke – Omisore

Disqualifying us from Osun APC primary, a total joke – Omisore

2 days ago
Suspended Rivers Governor Returns From Vacation Amidst Speculation Of Reinstatement

Niger Delta now APC — Presidency declares as Fubara dumps PDP

2 days ago

YOUR ECONOMY

Tinubu orders conversion of grazing reserves to ranches
Economy

Tinubu orders conversion of grazing reserves to ranches

1 day ago
Niger Delta youths disassociate from anti-Ojulari protest
Economy

NNPC E&P records 355,000bpd output, first since 1989

2 days ago
SSANU to FG: Conclude renegotiation by Dec 31 or face nationwide strike
Economy

SSANU to FG: Conclude renegotiation by Dec 31 or face nationwide strike

4 days ago
NNPCL cut fuel price after Dangote Refinery, depot owners lower rates
Economy

NNPCL cut fuel price after Dangote Refinery, depot owners lower rates

2 weeks ago
Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

Dangote Refinery supports Tinubu’s 15 percent fuel import duty policy

1 month ago
APC National Chairman Yilwatda Pledges Tinubu-Style Leadership Through Teamwork and Bold Decision-Making
Economy

Economic hardship cause of human trafficking in Nigeria – APC National Chair, Yilwatda

2 months ago

E & P

Transfer: Salah eye’s Real Madrid move after exclusion from Slot’s squad
Sports

Transfer: Salah eye’s Real Madrid move after exclusion from Slot’s squad

by Steven Atogi
4 days ago
0

Liverpool’s attacker, Mohamed Salah, could be set for a shock move to Real Madrid next year. Salah’s future with the...

LaLiga: Why Real Madrid lost 2-0 to Celta Vigo — Alonso

LaLiga: Why Real Madrid lost 2-0 to Celta Vigo — Alonso

4 days ago
Why Man Utd 1-1 drew against West Ham — Amorim

Why Man Utd 1-1 drew against West Ham — Amorim

1 week ago
Troost-Ekong retires from Super Eagles

Troost-Ekong retires from Super Eagles

1 week ago
2026 WCQ playoffs: They played their hearts out – Chelle commend Super Eagles players

2026 WCQ playoffs: They played their hearts out – Chelle commend Super Eagles players

4 weeks ago
2026 WCQ playoff: Victor Ikpeba commend Super Eagles as Nigeria beat Gabon 4-1

2026 WCQ playoff: Victor Ikpeba commend Super Eagles as Nigeria beat Gabon 4-1

4 weeks ago

YOUR THOUGHT & HISTORY

NASS Rubber-Stamp Tinubu: PDP Chieftain Blasts Legislature, Calls Akpabio ‘Unfit’
National

NASS Rubber-Stamp Tinubu: PDP Chieftain Blasts Legislature, Calls Akpabio ‘Unfit’

by Steven Atogi
2 months ago
The Union, the Tycoon, and the State: Dangote versus PENGASSAN War, A New Precedent for Nigerian Labour
Opinion

The Union, the Tycoon, and the State: Dangote versus PENGASSAN War, A New Precedent for Nigerian Labour

by Odini Brains
2 months ago
HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE
Opinion

HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE

by Odini Brains
3 months ago
Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents
National

Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents

by Odini Brains
3 months ago
The Rise And Fall Of Sports Institute, Isaka
Columns

The Rise And Fall Of Sports Institute, Isaka

by Tammy Opoki
4 months ago

Who we are

Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history

Welcome to Umpire News, your go-to online newspaper dedicated to broadening perspectives and expanding the horizons of our numerous readers. Read more

Browse by Category

  • Columns
  • Economy
  • Editorial
  • Entertainment
  • International
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Trends

Recent News

PDP defectors to APC now sidelined ‘onlookers’ – Ogun party chairman

PDP defectors to APC now sidelined ‘onlookers’ – Ogun party chairman

December 12, 2025
Breaking News: Former vice president Atiku Abubakar resigns from PDP

Atiku Slams EFCC: Warns Anti-Corruption Fight Is Turning Into Political Witch-Hunt

December 12, 2025
  • About Us
  • Contact Us
  • Privacy & Policy

© 2024 Copyright Umpirenews. All rights reserved

No Result
View All Result
  • Home
  • National
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Editorial
  • Opinion
  • Columns

© 2024 Copyright Umpirenews. All rights reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

🤑Join & Get Our Easter Gifts 🤑

Enter your NAME & Email NOW!!

Be among the 1st 100 lucky WINNERS to win our Amazing GIFTs this Easter Period as you READ our Daily hot NEWs & make meaningful comments and follow us on our social media handles.

Name
Enter your email address