Nisa has reported strong sales growth in the first 6 months of its financial year. In the 26 weeks to October 1st, non-tobacco sales edged up 0.8% to £505 million on a like for like basis while Nisa’s core retail trade showed a like for like rise of 1.9%. Tobacco sales fell by 2.7%.
Nisa said the sales uplift was driven by sturdy growth in new stores and new member recruitment, as well as existing members expanding their estates.
Earlier this month, Nisa announced that chief executive Nick Read would be stepping down and has now confirmed that Arnu Misra has been appointed to the role on an interim basis.
