Migros
Swiss retail company / From Wikipedia, the free encyclopedia
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Migros (German pronunciation: [ˈmiɡro]) is Switzerland's largest retail company, its largest supermarket chain and largest employer. It is also one of the forty largest retailers in the world. It is structured in the form of a co-operative federation (the Federation of Migros Co-operatives), with more than two million members.
Native name | (in German) Migros-Genossenschafts-Bund (in French) Fédération des coopératives Migros (in Italian) Federazione delle cooperative Migros |
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Company type | Co-operative |
Industry | Retail |
Founded | August 1925; 98 years ago (1925-08) |
Founder | Gottlieb Duttweiler |
Headquarters | , |
Products | Supermarkets, food industry, petrol, electronics, books, home-wares, etc. |
Revenue | 28.85 billion CHF (2021) |
668 million CHF (2021) | |
Number of employees | 97,541 (2021) |
Website | www.migros.ch |
It co-founded Turkey's largest retailer, also named Migros, which became independent of Migros Switzerland in 1975.
The name comes from the French "mi" for half or mid-way and "gros", which means wholesale. Thus the word connotes prices that are halfway between retail and wholesale. The logo of the company is a large orange M. Migros is often referred to as "the orange giant" (German: oranger Riese, French: géant orange, Italian: gigante arancio).[1]