Game Store begins stock clearance sales, to exit Nigeria December 25

South African retail giant Game Discount World Limited, which runs the Game Stores in Nigeria, said it finalized plans to close its shops and exit the Nigerian market by December 25, 2022.

The company initially planned to sell its Nigerian assets to Xanderwill Limited but now says it will empty all its stores through a stock clearance sale.

Earlier this month, the company notified its business partners of the plan to close the company. But in a new letter dated October 26 as seen by Nairametrics, the company announced the final shutdown date of December 25.

This comes one day after the company also announced its exit in Kenya.

Game Store had announced plans to sell its assets in Nigeria, Ghana, Uganda, Kenya, and Tanzania.

This followed a similar action by another South African retail store, Shoprite, which also exited Nigeria last year.