Nisa local convenience stores growth

North East Convenience Stores has posted double-digit increases in sales and full-year profits.

The indie chain, which has 24 stores across the North East operating under the Nisa, Loco and Bargain Booze fascias, saw pre-tax profits rise by 20.6% to £650,048 on sales up 13% to £21.3m in the year to 30 November 2013, according to accounts filed at Companies House.

Writing in the accounts, director Sanjeev Vadhera said sales had increased due to “strong growth in like-for-like sales together with revenues from three new convenience store openings.”

In May, it opened two new Bargain Booze stores, in North Tyneside and South Shields.