Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Birmingham Post
Birmingham Post
Business
David Laister

50 jobs at risk as Nisa looks to slim down central team at Scunthorpe head office

Up to 50 jobs could be lost at Nisa’s head office.

Redundancy consultations have begun across the central functions operated from the long-standing Scunthorpe base.

The specialist delivered wholesaler to the convenience sector has told how it is looking to reduce costs to better support its shop-owning partners and their customer base.

Read more: Insurance industry veteran Joe Henderson toasts flying start for new Attis operation

Nisa was bought out by The Co-operative in 2018, with the past year seeing the 353 employees at the purpose built Waldo Way facility transfer to the Manchester-headquartered retail giant.

A spokesperson for Nisa said: “We are carrying out a review to lower our costs, in order to offer greater support to our partners and their customers during the current cost of living crisis. Unfortunately, the review will include a consultation on potential redundancy for some employees.

“We recognise this is a difficult time for so many and we are seeking to approach the review accordingly, while recognising the realities of the current economic climate.”

One in seven jobs is at risk, and it comes just days after 2021’s annual results were released.

Nisa on Oxbridge Lane in Stockton. (Ian Cooper / Teesside Live)

It saw sales drop almost 14 per cent from a record £1.6 billion to £1.38 billion after exceptional trading through Covid, slightly down on 2019’s £1.42 billion - before lockdown measures changed shopping patterns. Profits were down from £10.9 million to £7.5 million.

The year started with chief executive Ken Towle departing for Asda, with Co-op's chief commercial officer Michael Fletcher taking the role, having been a key figure in the acquisition. Experienced executive, sales director Steve Leach, also left this spring, having spent eight years with the business. He stated he was taking some time out ahead of seeking a senior role that will enable him to "step up to new leadership challenges".

Nisa supplies almost 5,000 stores operated by more than 1,400 members, from corner shops to forecourts and large destination outlets. It launched 45 years ago to help counter the rise of the major supermarkets' buying power over small independents.

Read next:

£10m expansion unveiled for motorhome, caravan and camping specialist John Coopers

British Steel lines up Drax mega order as Net Zero infrastructure eyed for carbon capture plant

Grimsby's Myenergi named as top 10 growth business in the UK

Local IT experts add 10 new faces in six months

All your Humber business news in one place

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.