The deal, FT writes, ends “months of speculation that the US ecommerce giant was planning partnerships or acquisitions in Europe.”
Casino’s chairman/CEO, Jean-Charles Naouri, says that the deal “reinforces its omni-channel distribution strategy and gets even closer to its customers and their needs.”
Jean-Charles Naouri, chairman and chief executive of Casino, said on Monday: â€œCasino Group reinforces its omni-channel distribution strategy and gets even closer to its customers and their needs.
- KC's View:
The funny thing is that it was Monoprix that came up with a witty and effective rejoinder - which you can seen at left - to the much-seen Amazon Go introductory video.
But I suspect that it was exactly this kind of approach that made the two companies a good fit. They both seem highly customer-focused, which is a prerequisite for success these days.