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Sainsbury’s reportedly closing in on Nisa deal

Monday, June 19th, 2017

Supermarket giant Sainsbury’s is reportedly moving closer to agreeing a £130m deal for the Nisa convenience store chain.

Nisa, which is owned by its shopkeeper members, has also reportedly been talking to other retail groups, but Sainsbury’s seems to be the preferred option.

The Nisa network- whose name is derived from its original title, the Northern Independents Supermarket Association – encompasses 1,400 members operating around 2,500 stores.

A possible Sainsbury’s/Nisa tie-up is being seen as a response to Tesco’s intended take-over of Booker, the wholesaler which also has a 5,000 strong network of stores under the Premier, Londis, Budgens and Family Shopper brands.

Last year, Sainsbury’s bought the Home Retail Group, the owner of Argos, for £1.4bn. The deal not only brought Sainsbury’s more retail sites and helped it extend its presence beyond the grocery/supermarket sector, but also gave it access to Argos’s fast delivery capabilities. A tie-up with Nisa could give Sainsbury’s a significant boost for its Click and Collect network.

Source: The Financial Times, Telegraph and Guardian


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Sainsbury's reportedly closing in on Nisa deal

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