Tuesday, March 21, 2023

Migros writes record sales in 2022

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Boom in online retail

Migros writes record sales in 2022

The Migros Group achieved significantly higher sales in 2022. This was mainly due to the recovery in those areas that had suffered particularly from the pandemic. The stationary retail trade recorded a slight decline after the strong Covid years.

Published: 9 minutes ago

Migros writes record sales.

According to a media release on Tuesday, the turnover of the entire Migros Group was almost CHF 30.1 billion. That is 3.9 percent more than in the previous year. The group broke the 30 billion franc mark for the first time.

Above all, the travel and leisure business as well as gastronomy grew significantly after the end of the restrictions imposed by the pandemic. The tour operator Hotelplan, for example, has more than doubled its sales to CHF 1.44 billion. And gastronomy grew by almost 47 percent to 577 million.

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