‘Store investment remains priority’, says Nisa

Nisa has announced over 100 of its independent retailers have successfully invested their stores in the first half of the year, focusing on their long-term futures.

Around 106 stores were completed between January and June 2022, which generated a boost in sales of more than 17% and included more than 60 Nisa Local Evolution symbol store formats.

The number of brand new stores developed has increased by 40% year-on-year, due to the volume of new recruits into the Nisa business.

In total, at the end of June this year, there were 1,061 Nisa symbol group stores across the UK, which includes19 trading under the Nisa Express format.

READ MORE: Nisa CEO promises overhaul of cost structure in bid to boost appeal

Nisa’s format team also supported the development of 28 stores with independent fascia.

The remaining projects were dual branded, meaning retailers who are trading under their own name alongside the Nisa brand.

The projects range from brand-new builds and full refurbishments of existing stores – to smaller developments such as the installation of internal modernisation with new fixtures and signage.

“Whilst times are currently challenging with the cost-of-living crisis, Nisa retailers remain keen to invest in their businesses to future proof them, ensuring they are fit for purpose and can continue to serve the communities in which they operate,” Nisa head of format and category development Darren May said.

He added: “A key focus for us is identifying innovative solutions that help our retailers to evolve their convenience offer whilst ensuring it remains cost effective through reducing overheads wherever possible.

“We work closely with retailers to create the store that works for them, at a budget that they can afford.”

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