Nisa news

Nisa, the wholesaling division of Co-op, servicing independent convenience retailers, has revealed that its pace of recruitment has stepped up 40% in 2019.  This has added more than 500 stores to the Nisa customer network, pushing the total number of stores serviced over 4,500. Roll-out of Co-op private label 'a major game changer' A key improvement, making the Nisa offer more compelling fo...

Now past the first anniversary of its acquisition by Co-op, Nisa has announced a reshuffle of management responsibilities.  With Retail Director, Nigel Gray to leave the business, Steve Leach, currently Sales Director, will take an expanded brief covering both sales and retail functions as of 1 July.  This will bring together retailer recruitment, account management and retail operations under a ...

At its annual Stoneleigh trade show Nisa has reported that, since its acquisition by Co-op in May 2018, recruitment of new stores to its wholesale distribution network has increased by 25%.  Boosted by access to the improved ranges Co-op brings, Nisa has successfully recruited 1,006 stores, compared with around 800 in the previous financial year. 60% of private label sales now Co-op brand Hav...

Wholesale distributor and Co-op subsidiary, Nisa has expanded its field team of retail development managers by more than 40% since the beginning of 2019, to bring increased support and contact to its independent retail customers across the UK. RDM team expanded by eight to 28 Retail development managers act as a key interface between Nisa head office and Nisa retailers, liaising with centra...

Financial results posted with Companies House show that in the year to 1 April 2018, wholesale distributor, Nisa Retail had sales of £1,457m, an increase of over 16% on 2017.  Able to step into the breach left by the collapse of Palmer & Harvey in November 2017, Nisa benefited especially from gaining a short-term agreement to supply 1,024 Costcutter stores and 172 McColl's outlets.  This boosted ...

Nisa retailers are now able to place orders for Co-op’s range of own label products. The range will gradually be made available to independent stores over the next few weeks. Phased roll-out Co-op will make the own label range available in four phases: The first 49 products can be ordered from next week Another 350 from mid-July A further 350 in September The final products i...

The Co-op has announced the appointment of Ken Towle as Chief Executive of its newly acquired Nisa subsidiary.  The former senior Tesco executive has taken up the role with immediate effect, replacing Arnu Misra who stepped in as interim Nisa CEO in late 2017.  The announcement comes on the day that the Co-op's acquisition of the wholesale distributor gained final legal recognition. Ken Towle ...

The Competition and Markets Authority has cleared the Co-op’s £137.5m takeover of buying group Nisa, saying " the proposed merger does not give rise to competition concerns ”.  Co-op is now likely to take over the running of Nisa in May. Competition between shops unaffected Co-op, as a groceries retailer, and Nisa, as a groceries wholesaler, do not compete head-to-head. However, as Nisa sup...

Wholesale distributor, Nisa Retail, has announced trading figures for Q4 of its 2017/18 year (13 weeks to 1 April), reporting total sales for the period up 26.1% to £377m.  However, underlying growth was weaker, down 1.1%.  This is perhaps the last quarter that Nisa will report as an independent business, with its acquisition by Co-op expected to complete during Q2, following the Competition & Ma...

The UK Competition and Markets Authority has now begun its preliminary investigation into the potential effects of the proposed acquisition of wholesaler/distributor Nisa by the Co-operative Group. Decision on Phase 2 by 23 April Launched on 23 February, the CMA will report on 23 April whether it needs to take its investigation to a more detailed Phase 2 enquiry.  In the absence of material...