Nisa Retail has signed a five-year deal to supply the newly-created My Local convenience store estate.
The 140 shops, which are being sold by Morrisons to former ACS chairman Mike Greene for £25m, will improve product availability and frequency of supply, with deliveries into stores six days a week.
My Local stores will join Nisa’s independent and specialist business unit and will be supplied through Nisa’s central distribution system, but with flexible access to local and regional suppliers, allowing My Local to meet its commitment to source at least 5% of its range from within 10 to 15 miles of any store. Fresh food will make up a large part of the offer with 45% of the mix being fresh based.
Mike Greene, Chief Executive of My Local, said: “This partnership is essential to the future of My Local and will form an important part of our plans to create a sustainable, profitable business for the future.”
Nick Read, Chief Executive of Nisa, added: “Nisa offers an unrivalled range of products, we outperform the market on fresh food and our distribution service leads the sector.”