Migros-Genossenschafts-Bund - Company Profile
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Migros-Genossenschafts-Bund (Migros) is an operator of supermarkets and hypermarkets. The company’s product portfolio includes clothing and accessories, dairy products, beauty products, vegan products, fruits and vegetables, baby and kid, and housekeeping and cleaning. It also provides trading, financial, wholesaling, and travel services. Migros operates supermarkets, gastronomy, convenience stores, sports, electronics, garden, gift cards, photo service, and spare parts and accessories outlets. Its major brands and labels include M Budget, melectronics, Do it + Garden, Frey, and Migros Bio. The company has business presence in Switzerland, Germany, the US, Hong Kong, Italy, the UK, the Netherlands, France, China, Japan and Canada. Migros is headquartered in Zurich, Switzerland.
Headquarters
Switzerland
Address
Limmatstrasse 152, Zurich, 8031
Website
www.migros.ch
Telephone
41 800 840848
No of Employees
97,727
Industry
Retailing
Revenue (2022)
$31.6B
Migros-Genossenschafts-Bund premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Dairy Products | Travel Services | Migros |
| Fruits and Vegetables | Wholesale | M Budget |
| Beauty Products | Photography | Melectronics |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In July, the company announced its plans to acquire 50% of CRC Consulting and Organization. |
| 2022 | New Products/Services | In September, the company launched a coffeemaking system to replace capsules. |
| 2022 | Contracts/Agreements | In July, the company entered into an agreement with SuperMeat to expedite the commercialization of cultivated meat. |
Competitor Comparison
| Key Parameters | Migros-Genossenschafts-Bund | Tesco Plc | Coop Group | Metro AG | Aldi Einkauf GmbH & Co oHG |
|---|---|---|---|---|---|
| Headquarters | Switzerland | United Kingdom | Switzerland | Germany | Germany |
| City | Zurich | Welwyn Garden City | Basel | Duesseldorf | Essen |
| State/Province | - | England | Basel-Stadt | Nordrhein-Westfalen | Nordrhein-Westfalen |
| No. of Employees | 97,727 | 222,306 | 94,790 | 91,201 | 92,000 |
| Entity Type | Private | Public | Private | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Fabrice Zumbrunnen | Chief Executive Officer; Director; President | Executive Board | 2018 | 54 |
| Ursula Nold | Chairwoman | Executive Board | 2019 | 54 |
| Anton Chatelan | Vice Chairman | Executive Board | 2021 | 60 |
| Rainer Baumann | Head - Operations | Senior Management | 2019 | 44 |
| Matthias Wunderlin | Deputy Chief Executive Officer- FMC; Head - Marketing Department | Senior Management | 2022 | 50 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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