FoodCo Launches 16th Outlet In Ikoyi, Lagos

FoodCo Launches 16th Outlet In Ikoyi, Lagos
FoodCo Launches 16th Outlet In Ikoyi, Lagos

FoodCo, a leading omni-channel retailer with interests in supermarkets, quick service restaurants, manufacturing, and entertainment, has opened a new location in Ikoyi, Lagos.

The new store, which is located in the newly completed Ikoyi Plaza, brings FoodCo’s total store count to 16, with locations in Oyo, Lagos, and Ogun States.


Ade Sun-Basorun, Managing Director, FoodCo Nigeria, stated at the launch that the opening of the Ikoyi store fulfilled the brand’s commitment to bringing the lifestyle benefits of modern retail closer to people.

He said: “We are excited to formally announce the launch of our 16th store in Ikoyi. This milestone is the continuation of a journey that began 40 years ago when the first FoodCo store opened its doors to customers from a cornershop in Bodija, Ibadan. Till date, we can proudly say that the brand has successfully maintained its promise of delivering top quality at an affordable price, which has been one of the strong pillars of our growth.”

“When the first FoodCo store was opened, our motivation was to offer middle-class families a clean and convenient environment where they could shop for fresh fruits and vegetables. This motivation has since crystallized into an enduring mission to bring the convenience and superior customer service that modern retail offers to our communities.

“Similarly, in keeping with the brand tradition, FoodCo Ikoyi will house our flagship supermarket, bakery, butchery, restaurant, grill and creamery under one roof. It will stock a rich assortment of products including groceries, fresh and packaged foods, fruits and vegetables, toiletries, cosmetics, apparel and other household products. Customers are also guaranteed the choicest cut meats handled under strict quality assurance conditions.

“Customers who prefer to shop from the comfort of their homes or offices can do so via any of our digital media channels or WhatsApp, while our dedicated FoodCo Delivery Service ensures that their items are dropped off right where they want it.”

FoodCo is one of only two omni-channel retailers in Nigeria and was recently named by the Financial Times as one of Africa’s fastest growing companies. Outside of Lagos, it currently runs the largest supermarket chain in South-West Nigeria.

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The company’s SunFresh Premium Bread was named one of the best bread brands in Nigeria by Africa Brand Congress, and FoodCo was named Retail Company of the Year 2020 and 2021 by BusinessDay Media’s Nigeria Business Leadership Awards.