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 groceries wholesaler (or " symbol group") operating in the United Kingdom. It is a wholly owned subsidiary of the Co-operative Group, though itself not a cooperative. [7]
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. [8] It was formed as 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". [9]
In 1987, it merged with The Today’s Group to become Nisa-Today’s. [10]
In 2006, a merger with Costcutter, another symbol group, was proposed, but ultimately fell through, after concerns about a cartel [11] forming were reported to the Office of Fair Trading by members of (then) Nisa-Today's, who opposed the merger. [12]
In 2012, Nisa-Today's demerged into Nisa and Today's Group. [13] Today's Group subsequently merged with Landmark Wholesale in 2018 to form Unitas Wholesale. [14]
In November 2017, Nisa agreed to be purchased by the Co-operative Group. [15] The acquisition was subject to regulatory approval by the Competition and Markets Authority, and was finalized in May 2018. [16] In 2019, Nisa recruited more than 500 stores, representing a 40% increase in the number of outlets being signed. [17]
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. [18]
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. [19] According to Company Accounts submitted for year ending on 31 March 2014, Nisa Retail Limited has an estimated net worth of £30.77 million. [20]
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 groceries wholesaler (or " symbol group") operating in the United Kingdom. It is a wholly owned subsidiary of the Co-operative Group, though itself not a cooperative. [7]
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. [8] It was formed as 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". [9]
In 1987, it merged with The Today’s Group to become Nisa-Today’s. [10]
In 2006, a merger with Costcutter, another symbol group, was proposed, but ultimately fell through, after concerns about a cartel [11] forming were reported to the Office of Fair Trading by members of (then) Nisa-Today's, who opposed the merger. [12]
In 2012, Nisa-Today's demerged into Nisa and Today's Group. [13] Today's Group subsequently merged with Landmark Wholesale in 2018 to form Unitas Wholesale. [14]
In November 2017, Nisa agreed to be purchased by the Co-operative Group. [15] The acquisition was subject to regulatory approval by the Competition and Markets Authority, and was finalized in May 2018. [16] In 2019, Nisa recruited more than 500 stores, representing a 40% increase in the number of outlets being signed. [17]
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. [18]
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. [19] According to Company Accounts submitted for year ending on 31 March 2014, Nisa Retail Limited has an estimated net worth of £30.77 million. [20]