1. The weakening supermarket business The Migros CEO, who is stepping down in April 2023, has recognized the following: The supermarket business is and remains the core of the company. But the ...

Elsa Group, part of the Swiss retail co-op Migros Group, has offloaded its Dutch tofu business SoFine to European plant-based product maker The New Originals Company. The companies did not ...

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Almost a year ago, Migros announced a radical reorganisation of the group and took the decision to sell struggling specialist stores, the tour operator Hotelplan Group and the industrial company ...

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Migros said it met its headline guidance for ... which is likely weighing on shares. The company’s like-for-like (LFL) sales, which had not been previously disclosed, were above the Consumer ...

Despite achieving its targeted sales growth of 76-78% and a 9% margin, the fourth quarter of 2024 saw underlying EBIT margins that were softer quarter-over-quarter and below expectations, which is ...