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Home > Company Index > Retail > Grocery Retailing > Migros-Genossenschafts-Bund

Migros-Genossenschafts-Bund
 PROFILE
The Swiss have a name for diversification: Migros-Genossenschafts-Bund. Migros is the #1 retailer and the largest employer in Switzerland. Its empire comprises almost 600 stores (retailing accounts for two-thirds of the group's activity), including supermarkets and specialty and department stores (Globus), as well as banking and insurance operations, a printing and publishing concern, restaurants, and music and computer software retailing, along with endeavors throughout Europe. Migros runs supermarkets in France and Germany and exports products to Austria, the UK, and the US. Online shopping is available in Switzerland. Migros is a cooperative created by the late consumer rights advocate Gottlieb Duttweiler.

 COMPETITION
ALDI Group (dossier)
Coop (dossier)
METRO AG (MEO)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 11,750.40
1-Yr. Sales Growth: (11.2)%
Employees: 78,427
Revenue per employee: $149,825.95

 KEY PEOPLE
• Peter Everts
    CEO
• Mario Bonorand
    CFO

 CONTACT INFO
Limmatstrasse 152
CH-8005 Zurich, Switzerland
Phone: 41-1-277-2111
Fax: 41-1-277-2525
Online: Web Site

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