A total of 106 Nisa stores were redeveloped between January and June 2022, generating an average sales uplift of more than 17%.
Of these stores, more than 60 were Nisa Local Evolution stores. In addition, due to the volume of new recruits into the Nisa business, the number of brand new stores developed has increased by 40% year-on-year.
In total, at the end of June 2022, there were 1,061 Nisa symbol group stores across the UK including 19 trading under the Nisa Express format.
Nisa’s format team also supported the development of 28 stores with independent fascias, while the remaining projects were dual branded, whereby retailers trade under their own name alongside the Nisa brand.
The projects ranged from new builds and full refurbishments of existing stores to smaller developments such as the installation of a new fascia or internal modernisation with new fixtures, fittings and signage.
Darren May, head of format & category development at Nisa, said: “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.
“We work closely with retailers to create the store that works for them, at a budget that they can afford.
“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.
“Typically stores have seen an average sales increase of around 17.5% post development which is down to a combination of factors including introducing new and extended ranges as well as improved customer experience and shopper confidence.”
A full range of sustainability and cost-effective solutions for Nisa’s latest Evolution store format will be showcased at Nisa’s trade show later this year in a 4,000 sq ft Stoneleigh shop, enabling Nisa retailers to see what is available for them to replicate in their own stores.
Published Date: August 14, 2022