Migros Posts Stable Growth For 2017, With Boost In Online Retail
Swiss retail group Migros has released its annual sales figures for 2017, which indicate that the company posted an overall sales increase of 1%, or CHF267 million, to CHF28 billion across its operations.
Retail sales at the group increased by 0.9% to CHF23.5 billion.
Migros' ten cooperatives recorded slower foreign and domestic sales of CHF15.555 billion (-0.5%), mainly due to a 0.4% sales decrease among its private label ranges, the retailer said.
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