14th April 2021
Nisa Retail has unveiled its new Rebate terms, Fresh Rewards, which give independent retailers the opportunity to unlock up to 5.5% rebate from the wholesaler.
The group stated that the rebate model has been built on “simplicity and fairness” and will make it easier for its Partners (retailers) to see how much they could potentially earn so they can “focus on driving their business forward”.
The new terms reward retailers based on their weekly order value, as well as stocking Co-op own brand products. The entry threshold for a 1% rebate starts at £4,000 and retailers can earn up to 4% rebate by spending £12,000 or more, which Nisa claims is a lower minimum spend threshold than its key competitors. Additional benefits are also available for being a Nisa fascia store.