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The Grocer: Casino's Ocado deal plays well

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.

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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.