Business-owned co-operative Nisa will supply 298 convenience stores that are set to be acquired by McColl’s from the Co-operative Group.
Earlier this year, McColl’s announced the intention to purchase 298 stores from the Group, which is pending approval from the Competition and Markets Authority. If given the go-ahead, Nisa will start supplying the first of the new stores in January. The entire new store portfolio is expected to be transitioned by June 2017.
Commenting on the agreement, Jonathan Miller, chief executive of McColl’s, said: “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.”
Nick Read, chief executive of Nisa Retail, added: “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.”
