Amazon to sell groceries in France with Monoprix
Updated:7 years, 7 months ago
Updated:7 years, 7 months ago
New Delhi, Mar 28 (ANI): Amazon.com signed a deal to sell Monoprix's upscale grocery goods in Paris, Fred Katayama reports. Monoprix will become the first French retailer to sell groceries via Amazon. A dedicated virtual store will make available Monoprix's goods via the Amazon Prime Now app or website. For now, sales will be limited to the greater Paris market, but Monoprix wouldn't rule out broadening the deal to other parts of France. The move follows Amazon's purchase of organic foods chain Whole Foods Market in the U.S. and a deal to sell goods from the British supermarket chain Morrisons. Amazon's stock rose at the market open Tuesday. Shares of the owner of Monoprix, Casino, soared amid speculation that the Amazon move could lead to a bigger deal.
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