Sainsbury’s attempts to quell Nisa shop owner backlash

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Sainsbury‘s has assured Nisa shop owners they will be able to maintain their independence after its proposed acquisition of the group following signs of a potential revolt among store owners, according to The Telegraph.

Last week Sainsbury‘s and Nisa entered exclusive talks in which the UK‘s second largest grocer would purchase the chain for £130 million.

The move, which is thought to be a in direct response to its rival Tesco‘s imminent deal with convenience store group Booker, has come under fire from Nisa members as it could threaten to demutualise the company.

READ MORE:  Nisa members call for CEO to resign amid Sainsbury‘s deal concerns

Nisa‘s members, who will get the final vote on the proposed take-over, have previously blocked two takeover attempts from rival Costcutter.

Sainsbury‘s has reportedly now attempted to sweeten the deal by assuring retailers they will retain independence.

It is understood that members will be able to retain complete independence with an enhanced range of products, or will be able begin to stock Sainsbury‘s products on the condition they demonstrate high store standards.

Sainsbury‘s did not respond to request for comment at the time of publishing.

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