20 January 2022
Across all its operations, Migros has grown sales by 2.2% to CHF28.85 bn in 2021.
Core business performing well
Across the grocery business, Migros generated sales growth. Denner, its discount banner grew by 1.3% to CHF3.8 bn and convenience banner Migrolino grew by 4.3%. Migrol increased sales by 18.3% to CHF1.45 bn, driven by rising oil prices. Supermarkets and hypermarkets saw sales fall...