Deal to supply newly acquired convenience chain signed by Nisa

SCUNTHORPE retail wholesaler Nisa has signed a deal to supply the new convenience stores acquired by McColl’s Retail Group from the Co-operative Group.

Subject to McColl’s receiving CMA clearance for the acquisition, Nisa will start to supply the 298 convenience stores that the company has acquired in a “transformational” deal.

A rapid rollout will see the new store portfolio transitioned to the McColl’s brand by June 2017, but Nisa will commence supplying the stores from January 2017.

Nick Read, CEO of Nisa Retail Limited, commented: “We’re delighted to have secured the contract to supply these 298 stores for McColl’s and to extend our relationship with them further.

“This is clear progress against our strategy to be the partner of choice for both retailers and wholesalers, as we seek to build greater scale for the benefit of all our stakeholders.

“The McColl’s contract win closely follows our appointment to supply Bourne Leisure – demonstrating Nisa’s unique ability to provide a strong, varied and comprehensive offer to a diverse range of retail formats.

“We have supported McColl’s convenience store portfolio since 2013, and now we are looking forward to supplying their expanded estate too.”

Jonathan Miller, CEO of McColl’s, commented: “I am pleased to announce that we have awarded Nisa the supply contract for our newly acquired portfolio of convenience stores.

“Nisa’s quality fresh and chilled food supply strongly complements our ongoing expansion in the convenience sector, and will enable us to provide our new customers with a full range of high quality products at competitive prices.

“We look forward to building on our existing relationship with Nisa to enhance our customer offer even further, as we deliver the next stage of our neighbourhood convenience strategy.”

Earlier this year Nisa Retail announced a major swing back into profit, bouncing back after losing £500m of work for costcutter to a rival.