McColl’s Retail Group (McColl’s) & Nisa Retail Limited (Nisa) Agree New Supply Contract
9th November 2016: McColl’s Retail Group, one of the UK’s leading neighbourhood convenience retailers, and Nisa, the specialist delivered retail wholesaler, are pleased to announce that Nisa will supply the 298 convenience store portfolio which McColl’s recently acquired in a transformational deal from the Co-operative Group.
Nisa was awarded the supply contract after a competitive process. Subject to McColl’s receiving CMA clearance for the acquisition, Nisa will begin supplying the first of the new stores in January 2017, followed by a rapid rollout which will see all of the new store portfolio transitioned by June 2017.
The 298 convenience stores are predominantly located in neighbourhood locations throughout the UK. With an average size of approximately 1,700 sq. ft., the stores are an excellent fit with McColl’s convenience model. The new portfolio enables McColl’s both to deliver and accelerate its long-term strategy of expanding its convenience store operations, while increasing its exposure to the growth category of fresh and chilled food products.
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.”
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.”
McColl’s Retail Group
Headland: 020 3805 4822 / firstname.lastname@example.org
Nisa Retail Limited
Temple Bar Advisory T.0207 002 1486 or email@example.com
McColl's Retail Group plc
McColl's is a leading neighbourhood retailer in the independent managed sector running 1,366 convenience and newsagent stores. We operate 933 McColl's branded UK convenience stores as well as 433 newsagents branded Martin's, except in Scotland where we operate under our heritage brand, RS McColl. We have more than doubled our number of convenience stores over the last eight years, which now accounts for over half of the estate. In addition we are also the largest operator of Post Offices in the UK.
Nisa Retail Limited
Nisa is a unique member owned organisation, helping independent retailers remain competitive in the food and drink markets. With the retail sector being largely dominated by the multiples, Nisa’s objective is to create benefit, including negotiating the best deals on products, to allow its members to compete effectively. Nisa supports over 1,300 local retailers and over 2,900 stores across the UK. Some operate under the Nisa brand and others under their own names. Nisa supplies the stock they need and the retail support that helps them to grow their business.