UK: Nisa grows value
Simon Webster, Nisa finance director, said: “The business has worked tirelessly throughout the year to drive down costs to its members through its price investment strategy and this is highlighted in the small gap between the value and volume percentage increase figures.”
These figures are also reflected through the Nisa symbol group, which currently has over 900 stores, with an increase of 22.5% year on year in the amount of cases delivered through Nisa’s Central Distribution Services. As a result this has contributed to an 18% increase in turnover through CDS from Nisa symbol stores.
After achieving record recruitment figures for the 2011/2012 financial year, Nisa has recruited over 137 members since April 2012, bringing on board over 322 new stores to the group. This has included recruits such as Semichem and J & J Wilson.
Webster added: “Nisa has achieved very pleasing financial figures for the first half of the year and we look forward to this continuing. At Nisa we work hard to provide our members with the most competitive service in the independent sector to enable them to compete successfully in a tough trading environment.”
Source: talkingretail.com
