Connect bags Amazon for same-day parcel delivery

By Noor Zainab Hussain (Reuters) - Connect Group Plc unveiled e-commerce giant Amazon.com Inc as its first customer for a new same-day parcel delivery service in the UK, sending its shares up more than 18 percent. Connect Group, formerly known as Smiths News Plc, has sought to cut dependence on newspaper and magazine distribution as circulations drop. The Pass My Parcel service, launched on Wednesday, will use the company's existing distribution network to deliver packages to about 550 stores by Christmas, Chief Executive Mark Cashmore told Reuters. ...



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