(Alliance News) - Alfonsino Spa announced on Monday that it has reached a collaboration agreement with SIDI Piccolo Srl, a historic family-owned business associated with the VéGé group and active in the large-scale retail sector under the Supermercati Piccolo banner, for quick home grocery delivery, further extending the scope of operations of the Groceries Business Unit.

"The partnership is part of the process of diversification of the offer undertaken by Alfonsino and will allow the large-scale retail chain -- which owns 18 stores in Campania -- a better positioning in the "Quick-Commerce" market, allowing users to do their shopping directly in-app, and then receive it conveniently at home within an hour," the company explained in a note.

The agreement will involve, in a first phase, the activation of the service in the pilot centers of Pomigliano d'Arco and Nola, with the aim of seeing its management gradually extended to all the sign's other stores.

"The expansion of Alfonsino's fast grocery and food delivery service continues, which can now count on about two hundred affiliations between supermarkets, independent stores and artisan stores, leveraging deep integration between retailers' assets and next-generation in-app technology."

Alfonsino rises 0.3 percent to EUR0.65 per share.

By Claudia Cavaliere, Alliance News reporter

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