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Ocado expands partnership with French retailer Groupe Casino

After the group confirmed, Ocado shares fell 4.6% to 763.8p. Expanding partnership with French retailer Groupe Casino..

This extension is consistent with the terms of the Memorandum of Understanding issued by the company on February 17, 2022.

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Ocado emphasized that the expansion includes the establishment of a joint venture to provide logistics services to the Customer Fulfillment Center (CFC) using OSP in France.

The deal also refers to a partnership that enables online retailers to integrate Octopia’s marketplace platform into OSP (Ocado Smart Platform) and allow OSP partners around the world to launch their own marketplace services. increase.

For transactions OSP Instore Fulfillment Group Casino Ocado’s solution for the entire monoprix restore.

Luke Jensen, CEO of Ocado Solutions, said:

“Our partnership shows what can be achieved when major retailers bring online the world-class quality of service enabled by their unique efficiencies to French consumers.”

“We are pleased that the Ocado Group’s state-of-the-art technology is now available at all grocery retailers in France. The new joint venture will leverage our combined expertise to become the future CFC. We provide major logistics services. “



Ocado expands partnership with French retailer Groupe Casino

Source link Ocado expands partnership with French retailer Groupe Casino

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