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In response to Seasufer1 & Derek Smalley’s comments, I feel I should make some clarifications as your estimates are grossly out.

As mentioned in a previous post, Costcutter represents only around 35% of Nisa’s business, not the fictitious 40, 50 and 50% plus mentioned – Nisa’s own symbol group now accounts for more of the total business than Costcutter and the group also has considerable other independent fascia members.

It also generates small profits in comparison to its turnover by choice, due to it investing in price and promotion for members benefit. You’ll perhaps also have noted the much publicised £4.6million surplus payment to members, a common theme in Nisa history.

As is mentioned in this weekend’s issue of The Grocer magazine, Nisa aims to make money for its retailers not out of them.