Nisa had a “positive” fourth quarter (14 weeks to 3rd April 2016), recording sales of £327.5m – a growth of 4.9% compared to the same period last year.
The improved performance was aided by an improving offer along with an increasing number of new store openings. In Q4, Nisa recruited 111 new stores, including 41 in the symbol group and 70 across Independent & Specialist.
Robin Brown, CFO of Nisa Retail Limited, said: “2015/16 was a challenging year as the new executive team, strongly supported by all employees, focused on stabilising Nisa while restoring confidence and profitability to the business. Considerable credit is also due to our Members for remaining loyal throughout the year.”
Last quarter also saw Nisa’s Making a Difference Locally charity donate a record sum to good causes across the UK.
Between January and April there were a total of 363 donations made through the charity to 298 causes, totalling just under £300,000.
Kate Carroll, Charity Manager for Making a Difference Locally, commented: “MADL offers a real opportunity for our members to build strong, positive relationships with their local communities and it is encouraging to see that so many of our retailers are utilising the charity to truly make a difference to these communities.”
Nisa also recently held its annual exhibition and gala dinner, where the symbol group recognised those members which have demonstrated examples of retailing excellence within the last 12 months. The event, themed this year on the Rio Carnival, was held on the 12th April at Stoneleigh Park, where a number of suppliers were also acknowledged for their exceptional levels of service.