PricePointe Wholesale Club has commenced operations in Lagos with the launch of an ultra-modern, 8000 square meters indoor warehouse in Lagos.
The company said the warehouse is the first of six locations it plans to set up to help its members get products at manufacturers’ prices, while cutting out traditional middlemen in the process.
PricePointe, which models its operations after the United States of America-based, Costco, and Sam’s Club, would deal strictly in wholesale offerings to customers comprising retailers, families, and individuals that are registered on the platform.
The Chief Executive Officer of PricePointe Wholesale Club, Mr. Tayo Williams, who spoke at the launch, said “PricePointe Club is pioneering this world-class multi-store multi-brand to provide a one-stop lifestyle shopping experience for Nigerians. These include those who want to shop things in bulk conveniently, at a world class environment that’s convenient for them and their families, and most importantly, at really great prices”.
Williams noted that “with products and services sourced directly from manufacturers and providers, PricePointe Club members will enjoy groceries, household items, appliances, insurance, flight tickets, petrol, diesel, and more at massive discounts you won’t find anywhere else; all of which are open to PricePointe club members”.
He added that “retailers can also buy less than a carton but still enjoy Wholesale prices, as well as the convenient opportunity to shop from 6a.m. every day, including Sundays”.
The launch was done in partnership with Ecobank, and its multi-featured digital payment solution, Ecobank Pay, as well as Old Mutual.
The PricePointe Wholesale Club flagship warehouse houses other services such as Tyre and battery centre, restaurants, dentistry, eye clinic, amongst others.