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Switzerland's Migros Sees Online Sales Up By A Third, Despite 'Extreme' Year

Published on Jan 20 2021 8:58 AM in Retail tagged: Featured Post / Switzerland / Migros / Migrolino / Denner / Globus / Paywall / Swiss / World News

Switzerland's Migros Sees Online Sales Up By A Third, Despite 'Extreme' Year

Swiss retail and business cooperative Migros Group has said that online sales across its operations were up by close to a third (+31.0%) to CHF 3 billion (€2.8 billion) in 2020, as the business sought to tackle the challenges of an 'extreme' year.

Online channels contributed more than 10% of the group's full-year sales for the first time, the group said.

Migros reported consolidated sales growth of 4% to CHF 29.8 billion (€27.7 billion), with retail sales up 7.2% to CHF 24.2 billion.

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