Casino Group and Zouari Family Sign Partnership for Franprix and Monop' Convenience Retail Networks in France
French retailer Casino Group has partnered with the Zouari family to accelerate growth of its Franprix and Monop' convenience store networks. The partnership, modeled after an existing structure used by Monoprix, will see the Zouari family hold 60% stake in a new entity managing around 30 Franprix stores while Casino retains control over Pro Distribution with full ownership.
Topics: convenience stores franchise development partnership retail