Co-op’s sales soar following Nisa acquisition - News Summed Up

Co-op’s sales soar following Nisa acquisition


The Co-operative Group’s sales soared last year as its acquisition of Nisa convenience stores paid off. The Co-operative Group’s sales soared last year as its acquisition of Nisa convenience stores paid off. Like-for-like food sales were up 4.4%, marking the fifth consecutive year of growth. Steve Murrells, chief executive of the Co-op, said the integration of Nisa had been a “game-changer” which significantly expanded the group’s food footprint. Meanwhile, the Co-op funeral division saw a 1% decline in revenue, due to heated competition in the market.


Source: Irish Independent April 05, 2019 06:45 UTC



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