Co-op offers £137.5m to take over wholesaler Nisa

Co-op offers £137.5m to take over wholesaler Nisa

Co-op’s £137.5 million offer to acquire Nisa Retail has been “unanimously recommended” by Nisa’s board, with the bid remaining conditional on the approval of Nisa members and the Competition and Markets Authority (CMA). Under the proposed deal, Co-op Group is offering...
Co-op offers £137.5m to take over wholesaler Nisa

Co-op reveals growth in food profits

The Co-op has reported that it has had 14 consecutive quarters of like-for-like sales growth of food products. Like-for-like sales in Co-op Food have been up by 3.5 %, it has been reported and 0.7% higher year-on-year when excluding the sales from the 298 stores sold...
Supermarket sales soar for sixth consecutive month

Supermarket sales soar for sixth consecutive month

Supermarket sales have increased by 3.6% compared with the same period last year, despite “disappointing” August weather, according to the latest grocery market share figures from Kantar Worldpanel for the 12 weeks to 10th September. Marking the sixth consecutive...
Supermarket sales soar for sixth consecutive month

Foodservice continues to drive growth for wholesalers

The UK grocery wholesaling sector has experienced another year of growing sales, which is forecast to continue for the next four years thanks to the expanding out-of-home market. According to figures from grocery research organisation IGD, UK grocery wholesalers saw...