Migros
Migros (German pronunciation: [ˈmiɡro]) is Switzerland's largest retail company, its largest supermarket chain and largest employer. It is also one of the forty largest retailers in the world. It is structured in the form of a co-operative federation (the Federation of Migros Co-operatives), with more than two million members.
Native name | (in German) Migros-Genossenschafts-Bund (in French) Fédération des coopératives Migros (in Italian) Federazione delle cooperative Migros |
|---|---|
| Company type | Co-operative |
| Industry | Retail |
| Founded | August 1925 |
| Founder | Gottlieb Duttweiler |
| Headquarters | , |
| Products | Supermarkets, food industry, petrol, electronics, books, home-wares, etc. |
| Revenue | 28.85 billion CHF (2021) |
| 668 million CHF (2021) | |
Number of employees | 97,541 (2021) |
| Website | www.migros.ch |
It co-founded Turkey's largest retailer, also named Migros, which became independent of Migros Switzerland in 1975.
The name comes from the French "mi" for half or mid-way and "gros", which means wholesale. Thus the word connotes prices that are halfway between retail and wholesale. The logo of the company is a large orange M. Migros is often referred to as "the orange giant" (German: oranger Riese, French: géant orange, Italian: gigante arancio).