The Group Managing Director
and Chief Executive Officer, Access Bank Plc, Mr. Herbert Wigwe has endorsed
the sensational online retail movement, Yudala, reports ITRealms.
This is coming as the
publisher of Vanguard Newspapers, Pa Sam Amuka also commended the management of
Yudala for the innovative entrance.
ITRealms reports that Pa
Amuka officially cut the tape for the Yudala Experience Stores at Medical road,
Ikeja-Lagos, Mr. Wigwe led guests to officially open the shop at The Palms,
Lekki equally in Lagos on Saturday.
Yudala, ITRealms gathered is
acclaimed Nigeria’s first true composite retail chain, successfully launched
its Offline Division with the formal commissioning of the two aforementioned Experience
Stores as well as two Smart stores on Idowu Martins Street, Victoria Island and
Redemption Crescent, Gbagada.
The Group Managing Director
and CEO of Access Bank Plc, Mr. Herbert Wigwe who cut the tape to officially
open the Experience Store at The Palms, Yudala is truly a retail revolution
worth partnering with.
“I am delighted to be here
today to witness the launch of Yudala. The ambience is world class which gives
a lot of hope that young Nigerian entrepreneurs are redefining standards. There
is a lot to be excited about especially when you consider the huge impact
Yudala will have on small businesses and households in the informal sector. We
must also not lose sight of the potential effects on the Nigerian economy in
extension. At Access Bank, we are empowering and expanding the capacity of SMEs
and the emergence of Yudala certainly provides many areas of partnership which
will undoubtedly rub off positively on this crucial sector,” he declared.
Speaking earlier, Mr. Amuka
reiterated his commendation at Ikeja outlet, of the ingenious inspiration
behind the Yudala dream.
Nigeria, he said, is ripe
for the revolution in retail business which Yudala offers. Indeed, this is an
idea whose time has come.
“The combination of an
online shopping platform with retail stores in various locations in the country
is a game-changer and will definitely open up previously unexplored
possibilities and convenience for many Nigerians. We must also not forget the
potential effect on the Nigerian economy through the numerous employment
opportunities this business model will create. Yudala is a business with an eye
on the future and I dare-say, we must all embrace it,” he said.
ITRealms equally gathered
that Yudala Online is billed to go live in August, promising even bigger deals
and unprecedented discounts at launch.
Vice President, Yudala
Retail Stores, Mr. Stanley Uzoechina, affirmed that Yudala is the answer to the
demands of the 21st Century, with its emphasis on skill and style. In
his view, Yudala is a huge platform which re-defines the concept of offline
retail.
“First, we are bringing trust
into the business space. When you buy Yudala, you are buying peace of mind as
all our products are genuine and come directly from the Original Equipment
Manufacturers. There is also the additional incentive of All Risks cover
(except theft) from Sovereign Trust Insurance when you buy Yudala. We are the
first business in which Management takes responsibility for every product
bought from or delivered by us. This is Revolution.
“Also, we have a road-map to
reach the millions of unreached Nigerians in the hinterlands and rural areas.
Management and Board has approved the launch of 10 additional stores nationwide
before the end of August 2015 and by June 2017, 151 Yudala Stores will go live.
This figure will increase to 512 Stores by June 2019. In no time, there will be
a Yudala Store in virtually every local government council in the country.
“After-sales support is
another core area of the Yudala Revolution. You no longer have to endure uncertainties
when you have a challenge with purchased products. We are providing support for
both warranty and out-of-warranty products even for those bought from our
Online Division with our in-house Tech
Gurus at every Experience Store.
“We will gradually roll out
other product lines including Consumer Lifestyle, Urbane Fashion, Healthy
Living range, Consumer Electronics and many others in phases. Yudala is a
platform for the biggest brands that will improve the lives of every Nigerian,”
he submitted.
The event also witnessed a
cameo performance from Triple MG honcho Iyanya who thrilled the crowd of
shoppers and guests at The Lekki Store with a mini rendition of the Yudala
theme song.
A-list artistes such as
Iyanya and Naeto-C, saw huge crowds of excited shoppers taking advantage of the
massive discounts and freebies on offer including free phones for every
purchase above N20, 000.
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