Nisa enjoys Christmas sales boom in wake of P&H collapse

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Nisa Retail has announced a 17.7% increase in sales in the 10-week Christmas period after picking up new customers in the wake of the Palmer & Harvey collapse.

Total sales reached £277.2m in the 10 weeks to 31 December 2017, while fresh sales increased by 23.1% to £35.0m.

Of the 269 extra stores Nisa supplied compared to the previous year, 140 were Costcutter and 23 were McColl’s stores previously served by P&H.

Sales of pre-pack fruit increased by 38.1%, pre-pack vegetables by 38.6% and ready meals by 43.7%.

In addition to the 140 Costcutter stores that recently commenced trading with Nisa, a further 1,090 are now expected to start trading from January 2018 ahead of Costcutter Supermarket Group’s supply deal with the Co-op Group.

Nisa Retail ceo Arnu Misra said: “I’m pleased to report that Nisa has enjoyed good Christmas trading in the 10 weeks to 31 December. We successfully invested in promotions to assist our members over the key festive trading period, resulting in positive like for likes and good organic growth in store numbers.

“The total number of stores served by Nisa was also increased by two large new contract wins. Nisa has delivered a strong programme to help drive sales and footfall in our members’ stores, and with the support of our members, we have built a solid foundation for 2018.”

Readers' comments (4)

  • This states that Nisa invested in a promotional package to assist Members over Xmas.
    I would like to know where? This must have been the worst Xmas promotional activity in the 40 years of Nisa. Many Members were having to source beer, wine and confectionary promotions from the likes of Tesco and Asda through their home delivery service.
    Arnu Misra goes on about two large new contract wins. Who is he kidding? The CoOp told them to start supplying Costcutter as Mr Misra already knew Costcutter were going to be supplied by Nisa once the sale had been orchastrated.
    As far as the MRG contract win goes, why? MRG are off to sunnier and better pastures.
    But what these two contract wins have done is punish Nisa Members. Our availability over Xmas was shocking and since Xmas has fallen to new lows. Many Members are reporting supplies as low as 75% since the New Year.
    They keep rolling out these statements to the press to make it look as though they are doing a good job and to entice poor Independent retailers to join Nisa.
    From where I am sitting Nisa is broken beyond repair and once the Members have received their £20k payoff, watch the mass exodus.

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  • NISA MEMBER, Special deals WERE made available to CERTAIN NISA members.Some CSG customers got VERY VERY good sweeteners according to some of the retailers I have been in contact with.

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  • Costcutter retailers will think 75% is amazing!!

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  • Went into one of the Costcutter company owned stores last night and I thought it was closing. Shelves were empty I thought that they were going through a refit it was that bad. Spoke to the manager and he said they were now supplied by the co op directly and its never been as bad (even at the P&H worst). He also said promotions were rubbish too. Wonder what next for CC are they the next to go bust.

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