Ramsden leaves after 30 years
Nisa-Today's founder and executive chairman Dudley Ramsden is to retire on November 28, after 30 years at the business.

Nisa-Today's, founded by Ramsden and Peter Garvin, is one of Europe's leading buying groups, with its standalone central division having reached a turnover of£1 billion.

Ramsden said it was always his intention to retire on completion of the proposed merger with Costcutter. That link-up was detailed after encountering shareholder resistance, but Ramsden cited family reasons for his decision to leave.

He will be appointed as a non-executive president of the group and will perform an ambassadorial role in the future.

Edwin Booth will be appointed as acting non-executive chairman, Raj Chatha as acting non-executive deputy chairman and Neil Turton as acting chief executive officer of Nisa-Today's.