McColl's Retail Group, one of the UK's leading neighbourhood convenience retailers, and Nisa, the specialist delivered retail wholesaler, have announced that Nisa will supply the 298 convenience store portfolio, that 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, said, '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.'