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.
Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.
A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!