Nisa, the wholesale and independent retail specialist, is set to open a further 400 stores this year, as part of its ambitious recruitment drive.
Following a successful 2022, whereby the group and wholesaler opened 473 new stores, Nisa has seen a strong start to the year with 130 stores having been recruited year to date.
Recruitment of wholesale partners, including Greens Retail and MPK, has almost doubled in the same period year on year. Over the last two years, Nisa’s recruitment has remained strong, with almost 900 stores joining the fascia group during this time.
Last month, Nisa announced a simplified version of its Fresh Rewards rebate scheme, to give independent retailers the opportunity to be rewarded financially. Funding, which was previously held in the store development fund, will now be given as a cash rebate, with qualifying retailers earning on average £2,300 cash back in their pockets per rebate period.
Recently, Greens Retail announced expansion plans with Nisa, committing to open over 20 new stores across Scotland, with growth into England. The stores will operate under the Greens Fascia in partnership with Nisa. The recruitment drive has also been supported by investments in price; in the last six months, Nisa has announced significant investment in reducing price across Co-op own brand and branded items, enabling retailers to remain competitive and supporting sales margins during the tougher macroeconomic environment.
Nisa currently supplies 2,480 Nisa facia/independent facia Retail stores.