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Nisa Picks up Supply Deals Following P&H Collapse

UK convenience wholesaler and retailer Nisa has picked up some short-term supply deals with McColls and Costcutter following the news that delivered wholesaler P&H has gone into administration.
Topics: Costcutter Nisa The Co-operative

Co-op Takeover of Nisa Gets Go-Ahead

Members of UK convenience chain Nisa have voted in favour of a takeover by The Co-operative Group. Nisa’s board recommended the deal last month and now 75.79% of shareholder votes are in favour of the deal, which means the takeover will now be passed to competition authorities for approval.
Topics: Nisa The Co-operative

Nisa Board Recommends Members Accept Co-op Offer

The board of UK Wholesaler and convenience retailer Nisa has unanimously recommended that its members accept The Co-op’s takeover offer, worth an estimated GBP 137.5mn (EUR 168mn).
Topics: Nisa The Co-operative

Morrisons Signs Supply Agreement with McColls

UK grocer Morrisons has signed an agreement to supply convenience player McColls, following a competitive process. In time, the deal will replace McColls’ existing supply arrangements with Palmer & Harvey and Nisa.
Topics: Nisa Morrisons

Sainsbury’s Records Strong Uplift

Sales of warm weather items including fruit & vegetables, summer clothes and fans boosted Sainsbury’s first quarter sales. Retail sales increased 2.7% during the period with like-for-like sales up 2.3%.
Topics: Nisa Sainsbury's

Sainsbury’s Expected to Make a Bid for Nisa

Sainsbury’s is believed to be looking to make a bid for convenience symbol operator Nisa. It is thought that the two retailers are poised to sign an exclusivity agreement for their talks.
Topics: Nisa Sainsbury's

Nisa Retail Brings in Bankers Prompting Sale Rumours

UK convenience player Nisa Retail has brought in bankers to explore refinancing options which could include a sale. Discussions are at an early stage but have prompted rumours of a shock sale of the business.
Topics: Nisa