Hints and tips:
...Nisa, acquired by Co-op in 2017, pledged to lower prices at the end of last year....
...Asda plans to open 300 new convenience stores in the next four years as part of its quest to supplant J Sainsbury as the UK’s second-largest grocer....
...Industry data have shown Tesco and J Sainsbury taking market share from hard discounters such as German rival Aldi for the first time in years....
...J Sainsbury, for example, introduced a “fairly traded” mark for its own-brand tea in 2017, which it said was equivalent to Fairtrade....
...Nisa’s board had initially backed a deal with J Sainsbury, but the bigger retailer paused its bid in August following competition concerns....
...We could persuade a few bad tempered shopkeepers in remote parts of northern England to sell us their pokey Nisa convenience stores for £130m!!! “Yep, that’ll do the trick.”...
...However, many of the Nisa network’s 1,190 members were reluctant to give up their independence — although they were less hostile to the Co-op tie-up than an earlier offer from J Sainsbury, which was withdrawn...
...Nisa’s board initially backed a deal with J Sainsbury, but the retailer pulled out over competition concerns. Members are believed to favour a fellow mutually-owned business in the Co-op....
...The Co-op has become the favourite to buy Nisa, the convenience store chain, entering exclusive talks just over two weeks after rival J Sainsbury opted to postpone a potential bid....
...Nisa’s board had initially backed a deal with J Sainsbury, but it paused its bid in August. Scunthorpe-based Nisa has 1,400 members who jointly own its wholesale arm....
...Nisa’s board initially backed a deal with J Sainsbury but the supermarket retailer pulled out over competition concerns. Members are believed to favour a fellow mutually owned business in the Co-op....
...The UK convenience sector has attracted the attention of some of the biggest UK grocers, including Tesco and J Sainsbury, which are looking to muscle in on the market....
...It was not the only one — Sainsbury’s also contemplated acquiring Nisa, a member-owned convenience store group eventually bought by the Co-op....
...His mother-in-law, Azizuan Nisa, 62, a retired foster carer, said it had a good range of Asian food. “They have chapati flour, garlic and ginger....
...Supermarket group J Sainsbury has put on hold talks over a potential £130m takeover of convenience store wholesaler Nisa until UK competition regulators rule on a similar deal between Tesco and Booker....
...The Co-operative Group has become the favourite to buy UK convenience store chain Nisa, entering exclusive talks just over two weeks after rival J Sainsbury paused its own bid because of competition concerns...
...In April the second and third biggest operators, J Sainsbury and Asda, announced plans to merge, which would create a behemoth with almost 31 per cent market share....
...The biggest UK grocers, including Tesco and J Sainsbury, are battling for a slice of the local market because their larger stores have proved less popular than executives anticipated during a building spree...
...The Co-operative Group has also joined the fray, absorbing wholesaler Nisa and becoming supplier to Costcutter convenience stores last year....
...With Tesco gaining Booker’s sites, the risk of letting Nisa’s locations go to someone else may have been too great. However, Nisa’s membership model brings both a downside and upside....
...J Sainsbury has entered into exclusive discussions to acquire the convenience store operator Nisa for £130m as the country’s largest supermarket chains continue to target the convenience sector....
...Earlier this month it was reported that J Sainsbury has entered into exclusive discussions to acquire the convenience store operator Nisa for £130m. No comment on this was made in the statement....
...Weekend press reports suggest that Nisa – whose founders sound the like the model for Ronnie Barker’s shopkeeper in sitcom Open All Hours – could be bought by J Sainsbury for £130m....
...The issue comes as rival supermarket J Sainsbury has entered into exclusive discussions to acquire the convenience store operator Nisa for £130m as the country’s largest supermarket chains continue to target...
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