Nisa has signed a five year contract extension with convenience store chain TYS, which will see TYS explore expanding its C-store estate in the Peterborough area while being supplied by Nisa.
TYS currently operates eight stores under a Nisa fascia in and around Peterborough and with the deal confirmed, TYS is says it will now refurbish “some” of its stores, accoridng to a a joint press release.
TYS says it is now “considering working with Nisa on a dual branded store to put our own name above the door in the local community,” according to Siva Thievanayagam, owner of TYS Retail. “Nisa is supportive of this which is another reason why we want to work with them. We are proud to be TYS, proud to be supplied by Nisa and proud to be providing Co-op products,” he added.
The announcement comes as Nisa and TYS mark ten years since the companies first began their collaboration. During this time Nisa said TYS Retail “has been a true pillar of the community, donating almost £70,000 through Nisa’s Making a Difference Locally (MADL) charity. Local sports clubs, schools, and food banks have all benefited from the chain’s charitable contributions, reinforcing its strong commitment to supporting local causes.”
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Thievanayagam said: “I’ve worked with Nisa for a long time, and I couldn’t be happier to extend this relationship. The Nisa fascia is recognisable to our consumers, and everyone knows the brand very well in our area. The wider market has been unpredictable recently, but this contract extension with Nisa gives us the confidence to move forward and continue to grow our business. The team at Nisa has been fantastic in supporting us, and we look forward to continuing this relationship.”
“We’re thrilled that TYS Retail has chosen to extend their contract with us. Over the past 10 years, Nisa has built a strong relationship with Siva and the team, and we’re excited about the possibilities for further growth. We look forward to seeing how TYS Retail continues to expand in the future,” said Katie Secretan, Nisa’s Sales & Retail Director.
The move comes as part of Nisa’s ongoing expansion, which insight firm Lumina Intelligence calculated would result in an 18% increase in the retailer’s footprint before the end of 2024.
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