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Adenike Ogunlesi @ TRLC 2016 - (Video)
2017/05/16
Joseph

Adenike Ogunlesi, Founder @ Ruff 'N' Tumble kids speaks on Making Business Impact @ The Retail Leaders Conference 2016

 

Nnamdi Ezeigbo @ TRLC 2016 - (Video)
2017/05/16
Joseph

@nnamdiezeigbo, founder and CEO @slotlimited speaks on Understanding your Business @ #TRLC 2016



Ibukun Awosika @ TRLC 2016 - (Video)
2017/05/16
Joseph

@IbukunAwosika , Chairman @FirstBankngr , Founder @CHAIRCENTRE speaks on Surviving Uncertain Periods @ The Retail Leaders Conference 2016

 

Retail Leaders Conference 2016 - (Video)
2017/05/18
Joseph


In 2016, our theme was “Unlocking Retail Potentials for Survival, Growth & Sustainability”. We picked the theme because of the dual challenge of survival and growth that is probably what is keeping most retailers awake at night. The country is dealing major economic challenges – from infrastructural to bureaucratic challenges and lately the challenges of foreign exchange and liquidity in the system and more. 

 

Faced with the current realities, a lot of retail organisations needed to take drastic measures to fight for their sustainable survival, from cutting costs fast by shrinking store footprints, limiting SKUs, tightening up supply chains to cutting store labour etc. Yet, there were others, who largely unsure of how to react were asking questions as to what to do in the face of current realities. 

 

The Conference was therefore positioned to support retail organisations with answers, options, strategies and road maps they can adopt and follow to guarantee their survival not only during this uncertain and challenging economic times, but grow their business in a way that is sustainable both now and in the future.

 

Our keynote speaker was Ibukun Awosika (Chairman, Board of Directors of First Bank of Nigeria). Our other speakers were Rahul Murgai (Managing Director for Reckitt Benckiser (RB) operations in Western Africa) Temitope Oshikoya (Former Director-General/CEO of the West African Monetary Institute and CEO of Nextnomics), Adenike Ogunlesi (CEO of Ruff & Tumble), Bukky George (CEO of HealthPlus), Nnamdi Ezeigbo (CEO of SLOT Limited) Deola Ade-Ojo (CEO of Deola Sagoe), Raphael Afaedor (CEO of Supermart.ng & Founder of Jumia) Samuel Ejeh (Founder/Chief Executive Officer of Grocery Bazaar Limited); Joseph Ebata (President/CEO of the Bervidson Group and Convener of the Conference) among others.

 

 

CONSUMERS REMAIN POSITIVE, BUT CONSCIOUS ABOUT SPENDING
2017/05/10
Joseph

The Nielsen Index of Consumer Confidence shows an overwhelmingly positive consumer outlook in Nigeria. Despite the ongoing turbulence in macro economic conditions, consumers have remained optimistic about their future job prospects, personal finances and immediate spending intentions. In more recent months the level of confidence expressed has been below the same time a year ago, and versus the outset of 2016, however the year closed with a recovery from the lower Q3 2016 score, revealing renewed consumer optimism for 2017.

 

SPENDING INTENTIONS

 Wallets remains strained and predominantly allocated to cover essential living expenses. Once day to day living costs have been covered, there is little spare cash left to spend. 44% of Nigerians claim to have spare cash, which has improved since the previous quarter. Spare cash is most likely to go Saving actions rather than Spending.

 

Join Nielsen at The Retail Leaders Conference to find out more.

REGISTRATION/PAYMENT

To Register and make Payment, please go to: http://retailleadersconference.com/register.php

For Multiple Registration/Special Offers go to:  http://retailleadersconference.com/multi-register-ng.php

If already Registered, to make Payment, please go to: http://retailleadersconference.com/payment-pag.php

Joseph Ebata

The President

Bervidson Retail Group

Convener of The Retail Leaders Conference

+234 291 7328; +234 8033434776; +234 8093344776; +234 8089338444 

3B Hakeem Dickson Road, Lekki Phase 1, Lekki Lagos

WHO NEEDS RETAIL IN NIGERIA’S ECONOMIC DEVELOPMENT AGENDA?
2017/05/08
Joseph

When everything boiled down to the basics, the volume and momentum of trade is the engine of economic growth. At the core of trade, and as the ultimate point of value exchange is retail.

Globally, Retails plays a dual role as a key driver and as a catalyst of world economic growth. As a driver, Retail contributes $19 trillion to global GDP, representing 27% of global output and employs more than 17% of the global workforce. As a catalyst, Retail is the point where supply meets demand, and it is how goods and service reach the final point of exchange.

Retail as a leading indicator, is a very good predictor of the direction of Economic Activity, usually it has typically grown at 1.5 times faster than GDP.

Retail is the lead economic growth driver in advanced countries (contributing more than 25% of GDP). For Nigeria;

·         Retail contributes 16-18% of Nigeria’s GDP with a size of $38.8 Billion in 2010 and the 3rd leading contributor to GDP (after Agriculture, Forestry and Fishing, and Mining and Quarrying)

·         It attracted investment of N205.4bn ($1.3bn) between 2014 and 2015

·         Growing at a CAGR of 14%

·         Retail contributes about 7% to national employment in Nigeria. When compared with retail’s contribution to Global employment of more than 17%, it clearly shows the huge potential of retail to support government’s effort in solving the county’s unemployment challenge in the country.

LET US ALL SUPPORT RETAIL TO DO MORE!

Join us at the 4th edition of The Retail Leaders Conference in June 15, 2017 at the Eko Hotels & Suite to discuss critical role Retail plays in national economic development and its potential to drive national economic growth.

 

 

About The Retail Leaders Conference

The Conference (TRLC) now in its 4th edition is an annual colloquium of Nigerian retail thought and practice leaders. They brainstorm, discuss and align on the key issues, challenges and opportunities of the Nigerian Retail Industry and importantly how, to drive the sustainable growth of the Industry.

The theme of this year’s edition is “Supporting Retail: The Next Driver of Nigeria’s Economic Growth”

This year’s conference comes against the backdrop of major economic upheavals and structural challenges. The government is actively seeking to reposition the country with emphasis on diversification of the economy. A key sector that is set to become a major growth pillar is retail.

The Conference is an exciting one-day event that includes a combination of high-level strategic thinking, business envisioning and in-depth explorations of winning retail strategies and opportunities. You get a chance to hear success tips from our guest speakers and learn the secret sauce of retail business success from other retail leaders. In addition, there will be great networking opportunities!

http://retailleadersconference.com/

For your seamless participation at the Conference and because some of the participation opportunities are limited, we request an early confirmation of your participation by registering and making the relevant fee payment for your chosen participation opportunity or opportunities.

REGISTRATION/PAYMENT

To Register and make Payment, please go to: http://retailleadersconference.com/register.php

For Multiple Registration/Special Offers go to:  http://retailleadersconference.com/multi-register-ng.php

If already Registered, to make Payment, please go to: http://retailleadersconference.com/payment-pag.php

 

Joseph Ebata
The President
Bervidson Retail Group

NIGERIA RETAIL INDUSTRY GROWTH – SUPPORTING THE ELEPHANT TO DANCE
2017/05/08
Joseph

The rise of the middle class in emerging markets has captured the enthusiasm of global businesses, especially in the context of weak demand growth from developed economies. In targeting emerging middle class consumers, the most successful companies are those, which can fully assess the middle class potential in prospective markets. For the long-term period through to 2030, five emerging markets with the best middle class potential are identified, which are China, India, Indonesia, Nigeria, and the Philippines. In these countries, the middle class is set to become a prominent consumer force thanks not only to their large size, but also their strong income growth prospects and a median income exceeding US$10,000 (in constant 2014 prices) per household in 2030. (Euromonitor)

The Nigeria Retail Industry is poised to become a global retail powerhouse and ultimately the key driver of Nigeria’s growth over the next decade; but there are challenges and possible landmines that stakeholders must deal with:

-          The industry has been the worst hit by the strictures and tightness in the Financial Industry, high and    unpredictable (informal) exchange rate and the general lower volume of economic activities.

-          It is dealing with policy and institutional challenges in the areas of;

-                Regulatory and Trading Barriers

-                Underdeveloped Infrastructure

-                Limited Access to Retail Real Estate

-                Scant Consumer and Trade Insights

-                Limited Talent Pipeline

-                Inadequate Access to Finance

-                Poor Structure and Absence of International Best Practices

Retail leaders (local and international) are searching for answers, looking for help and wanting to feel that stakeholders, particularly Government, knows, understands and will support and collaborate with them in actualising the potentials of the industry.

We invite all stakeholders, particularly Government at the highest level to meet with the Leaders of retail industry and use The Retail Leaders Conference platform to engage, educate and coopt the Retail Sector as collaborators in meaningfully diversifying the economy.

Join us at the 4th edition of The Retail Leaders Conference in June 15, 2017 at the Eko Hotels & Suite to discuss critical role Retail plays in national economic development, its potential to drive national economic growth and it’s constraints and possible landmines.

The objective of this edition of the Conference is to:

-          discuss retail’s role and potentials to drive our national economic growth

-          surface the key issues bedeviling retail in Nigeria;

-          bring all the key stakeholders and players to engage;

-          agree on what needs to be done; and

-          align on what each stakeholder should do.

When we get this right, we will set retail on the journey to fulfilling its potentials of becoming a global retail powerhouse and the key driver of our national economic growth.

 

 

About The Retail Leaders Conference

The Conference (TRLC) now in its 4th edition is an annual colloquium of Nigerian retail thought and practice leaders. They brainstorm, discuss and align on the key issues, challenges and opportunities of the Nigerian Retail Industry and importantly how, to drive the sustainable growth of the Industry.

The theme of this year’s edition is “Supporting Retail: The Next Driver of Nigeria’s Economic Growth”

This year’s conference comes against the backdrop of major economic upheavals and structural challenges. The government is actively seeking to reposition the country with emphasis on diversification of the economy. A key sector that is set to become a major growth pillar is retail.

The Conference is an exciting one-day event that includes a combination of high-level strategic thinking, business envisioning and in-depth explorations of winning retail strategies and opportunities. You get a chance to hear success tips from our guest speakers and learn the secret sauce of retail business success from other retail leaders. In addition, there will be great networking opportunities!

http://retailleadersconference.com/

For your seamless participation at the Conference and because some of the participation opportunities are limited, we request an early confirmation of your participation by registering and making the relevant fee payment for your chosen participation opportunity or opportunities.

 

REGISTRATION/PAYMENT

To Register and make Payment, please go to: http://retailleadersconference.com/register.php

For Multiple Registration/Special Offers go to:  http://retailleadersconference.com/multi-register-ng.php

If already Registered, to make Payment, please go to: http://retailleadersconference.com/payment-pag.php

 

Joseph Ebata
The President
Bervidson Retail Group
Convener of The Retail Leaders Conference