Nisa (retailer)
Formerly | |
---|---|
Company type | Subsidiary |
Industry | Retail, wholesale |
Founded | 1977[2] |
Headquarters | , |
Area served | UK |
Key people | |
Revenue | £1.388 billion (2022)[4] |
Number of employees | 213[5] |
Parent | The Co-op |
Website | nisaretail |
Nisa Retail Limited (/ˈnaɪsə/ NY-sə;[6] formerly Nisa-Today's and Northern Independent Supermarkets Association) is a brand and groceries wholesaler (or "symbol group") operating in the United Kingdom. It is a wholly owned subsidiary of the Co-operative Group Limited.[7] It was formerly a mutual organisation owned by its members and operating "...like a co-operative, using the collective buying power of the large group of members to negotiate deals with suppliers".[8]
History[edit]
This section needs additional citations for verification. (January 2021) |
Nisa was founded as the Northern Independent Supermarkets Association by Peter Garvin and Dudley B. Ramsden in 1977.[9]
In 2011, Nisa-Today's demerged into Nisa and Today's Group.[10] Today's Group subsequently merged with Landmark Wholesale in 2018 to form Unitas Wholesale.[11]
In 2011, Nisa Retail Limited opened its new distribution centre for Scotland in Livingston.[citation needed]
Nisa agreed to be purchased by the Co-operative Group in November 2017.[12] The acquisition was subject to regulatory approval by the Competition and Markets Authority, and was completed in May 2018.[13] In 2019, Nisa recruited more than 500 stores, representing a 40% increase in the number of outlets being signed.[14]
Operations[edit]
Nisa's headquarters and one of its ambient distribution centres are co-located in Scunthorpe, North Lincolnshire. It also has distribution centres for temperature controlled products at Stoke-on-Trent, Staffordshire; Harlow, Essex and Livingston, West Lothian.
As of 2011[update], some stores are branded under the LoCo fascia.[15]
As of 2016[update], Nisa Retail Limited supplies over 4,000 convenience shops and small supermarkets, including the Costcutter symbol group[5] and CK Foodstores in Wales.[16] According to Company Accounts submitted for year ending on 31 March 2014, Nisa Retail Limited has an estimated net worth of £30.77 million.[17]
See also[edit]
- International Trade Awards (2007)
References[edit]
- ^ a b c d "Nisa Retail Limited overview - Find and update company information - GOV.UK". Companies House. 29 May 1970. Retrieved 21 March 2024.
- ^ a b "Strategy & Structure". Nisa Retail Limited. Retrieved 20 May 2008.
- ^ Rebecca Harvey (9 May 2018). "Nisa appoints new CEO as Co-op Group completes its acquisition". Co-operative News.
- ^ Read, Nick. "Nisa Retail Annual Reports and Accounts". Nisa. Nisa Retail Ltd. p. 12.
- ^ a b "Meet The Key People". Nisa Retail Limited. Retrieved 11 April 2018.
- ^ "Nisa is pronounced 'Nicer', company confirms". York Vision. 13 June 2014. Retrieved 29 January 2018.
- ^ "Co-op completes acquisition of Nisa Retail Limited". co-operative.coop (Press release). 8 May 2018.
- ^ "Local retailers planning merger". BBC News on bbc.co.uk. 10 May 2006.
- ^ The History of Nisa Nisa Retail (retrieved 29 December 2021)
- ^ "Today's split from Nisa set for go-ahead".
- ^ "Landmark-Today's merger completes to form Unitas Wholesale".
- ^ Julia Kollewe (13 November 2017). "Co-op buys Nisa for £143m after members back takeover". The Guardian.
- ^ Butler, Sarah (6 April 2018). "Co-op plans to take over failing schools in north of England". The Guardian. Retrieved 19 April 2018.
- ^ Laister, David (16 December 2019). "500 stores recruited by Nisa in 2019". birminghampost. Retrieved 20 March 2020.
- ^ Retail Times https://www.retailtimes.co.uk/nisa-unveils-new-loco-fascia-and-targets-150-smaller-stores/
- ^ "CK's Supermarkets | Your local, independent food retailer". www.cksupermarkets.co.uk. C K's Supermarkets. Retrieved 30 May 2017.
- ^ "Nisa Retail Limited". Endole Insights.
External links[edit]
- Media related to Nisa (retailer) at Wikimedia Commons
- Nisa Retail Limited's website