Nisa Retail Limited
TypeSubsidiary
IndustryRetail, wholesale
Founded1977 (1977)[1]
Headquarters
Scunthorpe, Lincolnshire
,
United Kingdom
Area served
UK
Key people
  • Dudley Ramsden and Peter Garvin, Founders[1]
  • Peter Batt, Managing Director[2]
RevenueDecrease £1.388 billion (2022)[3]
Number of employees
213[4]
ParentThe Co-op
Websitenisaretail.com

Nisa Retail Limited (/ˈnaɪsə/ NY-sə;[5] 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.[6] 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".[7]

History

Nisa Local shop in Bingley in June 2012
Nisa Extra shop in Rathfriland in October 2011

Nisa was founded as the Northern Independent Supermarkets Association by Peter Garvin and Dudley B. Ramsden in 1977.[8]

In 2011, Nisa-Today's demerged into Nisa and Today's Group.[9] Today's Group subsequently merged with Landmark Wholesale in 2018 to form Unitas Wholesale.[10]

In 2011, Nisa Retail Limited opened its new distribution centre for Scotland in Livingston.

Nisa agreed to be purchased by the Co-operative Group in November 2017.[11] The acquisition was subject to regulatory approval by the Competition and Markets Authority, and was completed in May 2018.[12] In 2019, Nisa recruited more than 500 stores, representing a 40% increase in the number of outlets being signed.[13]

Operations

Nisa logos
Nisa-Today's logo used from 2000s to 2008
Nisa-Today's logo used from 2008 to 2013

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, some stores are branded under the LoCo fascia.[14]

As of 2016, Nisa Retail Limited supplies over 4,000 convenience shops and small supermarkets, including the Costcutter symbol group[4] and CK Foodstores in Wales.[15] According to Company Accounts submitted for year ending on 31 March 2014, Nisa Retail Limited has an estimated net worth of £30.77 million.[16]

See also

References

  1. 1 2 "Strategy & Structure". Nisa Retail Limited. Retrieved 20 May 2008.
  2. ↑ Rebecca Harvey (9 May 2018). "Nisa appoints new CEO as Co-op Group completes its acquisition". Co-operative News.
  3. ↑ Read, Nick. "Nisa Retail Annual Reports and Accounts". Nisa. Nisa Retail Ltd. p. 12.
  4. 1 2 "Meet The Key People". Nisa Retail Limited. Retrieved 11 April 2018.
  5. ↑ "Nisa is pronounced 'Nicer', company confirms". York Vision. 13 June 2014. Retrieved 29 January 2018.
  6. ↑ "Co-op completes acquisition of Nisa Retail Limited". co-operative.coop (Press release). 8 May 2018.
  7. ↑ "Local retailers planning merger". BBC News on bbc.co.uk. 10 May 2006.
  8. ↑ The History of Nisa Nisa Retail (retrieved 29 December 2021)
  9. ↑ "Today's split from Nisa set for go-ahead".
  10. ↑ "Landmark-Today's merger completes to form Unitas Wholesale".
  11. ↑ Julia Kollewe (13 November 2017). "Co-op buys Nisa for £143m after members back takeover". The Guardian.
  12. ↑ Butler, Sarah (6 April 2018). "Co-op plans to take over failing schools in north of England". The Guardian. Retrieved 19 April 2018.
  13. ↑ Laister, David (16 December 2019). "500 stores recruited by Nisa in 2019". birminghampost. Retrieved 20 March 2020.
  14. ↑ Retail Times https://www.retailtimes.co.uk/nisa-unveils-new-loco-fascia-and-targets-150-smaller-stores/
  15. ↑ "CK's Supermarkets | Your local, independent food retailer". www.cksupermarkets.co.uk. C K's Supermarkets. Retrieved 30 May 2017.
  16. ↑ "Nisa Retail Limited". Endole Insights.
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