The shares of Casino Group got a 10% bump recently following news its Monoprix chain had struck a deal to sell via Amazon Prime. The group had previously announced a decision to deploy Ocado’s supply chain technology.
The two moves highlight recent activity in the French online grocery sector where, until its Monoprix deal, Amazon had been looking to establish a greater presence through a retailer partnership.
Read the rest of Tim's article in The Grocer here
, in which he discusses Casino Group's recent strategic e-commerce moves and what long-term value they hold.