Tuesday, March 28, 2023

Record sales at Migros – unlike at Coop

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Big duel of the big distributors

Record sales at Migros – unlike at Coop

Migros reports a new record turnover in 2022. The figures from competitor Coop are also impressive. Who is really ahead? View has the overview.

Published: 33 minutes ago


Migros is cementing its position as number one in Swiss retail.


Patrick Bergerreporter economy

It’s the eternal duel between the giants of the Swiss retail trade: Coop versus Migros. In Switzerland, every child knows that where there is a supermarket with the big M, the next Coop store is not far away. The two don’t give each other anything. Now the two most important retailers are announcing the first figures for 2022. Who is ahead?

Migros reports sales of CHF 30 billion. This is the highest in the company’s history. 3.9 percent more than in the previous year. The main contributors to this improvement were those areas that had suffered particularly badly from the pandemic – the travel and leisure business and gastronomy. Tour operator Hotelplan has more than doubled its sales to CHF 1.44 billion. Gastronomy grew by 47 percent to CHF 577 million.

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