French retailers Groupe Casino and Auchan Retail have announced plans to develop a 'global strategic partnership' for food and non-food purchasing.
The agreement, which is subject to competition approval, will enable the two businesses to 'jointly negotiate their purchases in France and abroad with their main multi-national food and non-food suppliers', Groupe Casino said in a statement this morning (3 April).
'This ambitious partnership will give precedence to subsidiary contracts (suppliers/producers/distributors), while fuelling the development of certain French suppliers in countries covered by both retailers (Western Europe, Eastern Europe, Latin America, Asia)'.
