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The Nisa Exec are hailing this as a great success. Any fool can increase business due to the collapse of a competitor.
Why these results show is that the Exec have let down their existing Members ( still owners ) as the like for like is down, which shows that the current Nisa offer is poor and availability has been a disaster.
I find it incredible that they are patting themselves on the back over these figures.
As far as the sale goes, if it does complete and go through, unfortunately this will start the death of the independent retailer as we know it.
The CoOp will be responsible for supplying 1in 9 of all Convenience Stores in the UK. Are they going to allow you to compete with their stores? Highly unlikely.