Migros-Genossenschafts-Bund - Strategic SWOT Insights - A 360° Review of Opportunities, Challenges and Risk, Corporate and ESG Strategies, Competitive Intelligence and Operational KPI’s, and Recent Trends
Description
Report Summary
Migros-Genossenschafts-Bund Strategic SWOT Analysis and Financial Insights - A 360° Review of Opportunities, Challenges and Risk, Corporate and ESG Strategies, Competitive Intelligence, and Recent Trends Report is a comprehensive and easily accessible overview of Migros-Genossenschafts-Bund's business operations. It provides a detailed analysis of the company's financial and strategic standing, as well as its position in the industry compared to competitors. The report includes several key features to facilitate decision-making and provide insights into the company's performance.
The report begins with in-depth information about Migros-Genossenschafts-Bund including key insights, business segments, key executives, locations, products and services, historical events, corporate strategy, and management discussions. This section provides a solid foundation for understanding the company's key attributes.
Next, the report assesses Migros-Genossenschafts-Bund's strategic standing through various analyses. The ESG spotlight evaluates the company's environmental, social, and governance performance, providing insights into its sustainability efforts and ethical practices. The SWOT analysis examines the company's internal strengths and weaknesses, as well as external opportunities and threats. Additionally, By integrating these strategic analyses, the report offers a comprehensive understanding of Migros-Genossenschafts-Bund's overall strategic standing and supports informed decision-making and strategic planning.
The report also covers Migros-Genossenschafts-Bund's financial analysis basis of latest income statement, balance sheet, and cash flow statement. Key financial ratios related to profitability, asset turnover, credit, market, and long-term solvency are outlined, providing guidance for investment decisions. Furthermore, the report compares Migros-Genossenschafts-Bund's financial parameters with those of its competitors, offering a unique analysis of the competitive landscape. This information helps manage the business environment and improve sales activities by gaining insight into competitors' operations.
Finally, the report includes recent news and deal activities undertaken by Migros-Genossenschafts-Bund enhancing awareness of the company's business trends, growth perspectives, and more.
Key Highlights
Migros will celebrate its milestone 100th anniversary in 2025. Some of the most important strategic decisions in the companys recent history were made in the past financial year. With Supermarkt AG, which commenced operations on 1 January 2024, Migros has improved the shopping experience for customers in terms of freshness, regionality, and own brands. As part of its low price strategy, Migros began to reduce the prices of more than 1000 everyday products to discount levels while maintaining the same high quality.The disposals of the specialist markets, the Hotelplan Group, and the Mibelle Group were also announced in 2024 and implemented at the start of the current year. The Migros Group is thereby concentrating on its strategic business units: Retailing in both food and non food, Health, and Financial Services.Migros generated Group sales of CHF 32 point 5 billion in 2024, up 1 point 8 percent on the previous years record figure.Retail Sales and Online RetailingRetail sales in Switzerland amounted to CHF 24 point 4 billion, reflecting a 1 point 4 percent increase. Online retailing recorded a strong rise in sales to CHF 4 point 5 billion, marking a growth of 10 point 1 percent. The Galaxus Group was once again one of the key drivers of this growth. Migros Online achieved sales of CHF 365 million, a 6 point 0 percent increase, thereby maintaining its leading position in Switzerland.Cooperative RetailingIn the reporting year, business in Cooperative Retailing was again impacted by declining sales in the specialist markets. As a result, the net sales of the ten regional Migros Cooperatives including subsidiaries fell slightly to CHF 16 point 1 billion, a decrease of 1 point 0 percent. Consolidated sales, which also include Migros Online, the Federation of Migros Cooperatives, and other companies, amounted to CHF 17 point 0 billion, down 1 point 4 percent.Non food sales continued to shift from in store to online retailing. With Digitec Galaxus, Migros operates Switzerlands largest online marketplace. As part of its strategic realignment, Migros decided to sell the specialist markets in 2024.CommerceGrowth in the Migros Group was largely supported by retail companies, especially in online retail. With sales of CHF 2 point 9 billion, an increase of 17 point 2 percent, the Galaxus Group again improved its performance. In food retail, Denner increased its sales by 0 point 1 percent to CHF 3 point 8 billion, and migrolino grew by 0 point 4 percent to CHF 0 point 8 billion. This growth was partly due to significant investment in low prices. Migrols business, however, was impacted by declining volumes and lower oil prices, falling by 9 point 7 percent to CHF 1 point 4 billion. Total sales in the Commerce Department rose to CHF 9 point 0 billion, up 3 point 3 percent.Hotelplan GroupThe Hotelplan Group increased its sales to CHF 1 point 8 billion, a growth of 3 point 0 percent in the reporting year. As part of the Groups strategic focus, all business units were sold at the beginning of the current year to the two major European tourism companies DERTOUR Group and HomeToGo Group.Migros IndustrieMigros Industrie companies increased their sales to CHF 6 point 1 billion, up 1 point 9 percent. The growth was driven primarily by strong demand in Migros supermarket business and other food retail formats in Switzerland. This reflects Migros Industries focus on food retail. As part of its restructuring, Mibelle will be sold this year.Migros BankMigros Bank again performed solidly in 2024. In customer lending, it exceeded the 50 billion mark for the first time, reaching CHF 50 point 6 billion, a 1 point 3 percent rise. The customer base also grew to around 1 point 2 million, an increase of 5 point 4 percent. This was mainly due to success in the card business with the growing Cumulus credit card portfolio.Migros Banks annual profit after taxes reached CHF 282 million, the second best result in its history. Operating income was CHF 807 million, down from the exceptionally strong previous year, mainly due to a decline in net interest income which was CHF 599 million. Migros Bank chose to accept this decline by only partially adjusting its account interest rates to market trends, prioritizing customer benefit.HealthHealth services showed strong growth, with total sales of CHF 1 point 5 billion, up from CHF 1 point 3 billion in the previous year. This reinforced Migros position as the leading provider in this market. Growth was mainly driven by the Medbase Group with a 26 point 1 percent increase. The fitness chain movemi also contributed through increased membership. However, revenue was lost due to the sale and closure of the subsidiaries Misenso and Bestsmile.Financial PerformanceEarnings before interest and taxes rose to CHF 484 million, up from CHF 286 million the previous year. Group profit amounted to CHF 419 million, compared to CHF 175 million previously. The result was influenced by one off effects due to portfolio adjustments, including site closures and decommissioning costs following the sale of the specialist markets, which impacted all Cooperatives.Migros remains financially robust. The equity of Migros retail and industry businesses was CHF 17 point 6 billion at the end of 2024, compared with CHF 17 point 5 billion in the previous year. This corresponds to 78 point 7 percent of the balance sheet total, up from 72 point 8 percent.Thanks to its strong financial position, Migros can continue expanding its supermarket infrastructure and investing in low prices. It also maintains its deep commitment to Switzerland as a hub for industry and society. Total investment in the reporting year amounted to CHF 1 point 5 billion.Social CommitmentIn the reporting year, CHF 138 million was invested in the Migros Culture Percentage, the Pioneer Fund, and the Migros Aid Fund. Around 50 thousand people from a migrant background attended language courses at the Club School. Migros remains dedicated to promoting social cohesion in Switzerland.Migros as an EmployerIn 2024, the Migros Group employed an average of 98 thousand 776 people across about 140 companies. This was a decrease of 398 jobs or 0 point 4 percent compared to the previous year. The decline is primarily due to transformation measures and company disposals. A total of 3559 apprentices trained in over 55 occupations at Migros during the year.Despite a challenging market environment, Migros significantly increased both nominal and real wages. Average nominal wages rose by 2 point 3 percent, slightly above the Swiss retail sector average of 1 point 9 percent. With annual inflation at 1 point 1 percent in 2024, this equates to a real wage increase of about 1 point 2 percent.SustainabilitySales of products with sustainability labels and brands continued to rise. In 2024, in store and online sales of such products reached around CHF 5 point 0 billion, making up 26 percent of total sales. Sales of products with IP Suisse and organic labels increased by 1 point 8 percent. Regarding greenhouse gas emissions, Migros committed to the most ambitious reduction target among Swiss retailers, aiming for a 70 percent reduction between 2019 and 2030. By 2024, it had already achieved a reduction of over 57 percent compared to 2019.Migros is also accelerating the expansion and modernization of its supermarket infrastructure to enhance its nationwide presence and improve the customer shopping experience.OutlookThe sale of business units no longer part of Migros core activities is progressing as planned and is expected to be completed during 2025. Migros will continue expanding and upgrading its supermarket network across Switzerland. Over the next few years, it aims to open 140 new branches and modernize 350 existing ones.The 2024 financial year demanded strong dedication and adaptability from all employees. Their commitment enabled the company to overcome transformation challenges and set a sustainable course for renewal, aligned with the spirit of innovation that has guided Migros for a century.We thank all employees for their contributions and dedication. We also express our gratitude to our long standing partners and, most importantly, to our loyal customers for their continued trust and support.
Migros-Genossenschafts-Bund in the News:-
2025-06-25 - Thomas Garcke is taking over as CEO of the Micarna Group
2025-06-05 - Gemma Gastronomie SA recalls the product MITI Organic Shrimp peeled 100g
2025-05-12 - Migros is pooling its logistics in French-speaking Switzerland
2025-04-24 - Valerie Schelker appointed new Head of HRM at the Migros Group
2025-04-08 - Western Swiss cooperatives to have joint marketing in the future
Scope
Migros-Genossenschafts-Bund Strategic SWOT Analysis and Financial Insights - A 360° Review of Opportunities, Challenges and Risk, Corporate and ESG Strategies, Competitive Intelligence, and Recent Trends Report is a comprehensive and easily accessible overview of Migros-Genossenschafts-Bund's business operations. It provides a detailed analysis of the company's financial and strategic standing, as well as its position in the industry compared to competitors. The report includes several key features to facilitate decision-making and provide insights into the company's performance.
The report begins with in-depth information about Migros-Genossenschafts-Bund including key insights, business segments, key executives, locations, products and services, historical events, corporate strategy, and management discussions. This section provides a solid foundation for understanding the company's key attributes.
Next, the report assesses Migros-Genossenschafts-Bund's strategic standing through various analyses. The ESG spotlight evaluates the company's environmental, social, and governance performance, providing insights into its sustainability efforts and ethical practices. The SWOT analysis examines the company's internal strengths and weaknesses, as well as external opportunities and threats. Additionally, By integrating these strategic analyses, the report offers a comprehensive understanding of Migros-Genossenschafts-Bund's overall strategic standing and supports informed decision-making and strategic planning.
The report also covers Migros-Genossenschafts-Bund's financial analysis basis of latest income statement, balance sheet, and cash flow statement. Key financial ratios related to profitability, asset turnover, credit, market, and long-term solvency are outlined, providing guidance for investment decisions. Furthermore, the report compares Migros-Genossenschafts-Bund's financial parameters with those of its competitors, offering a unique analysis of the competitive landscape. This information helps manage the business environment and improve sales activities by gaining insight into competitors' operations.
Finally, the report includes recent news and deal activities undertaken by Migros-Genossenschafts-Bund enhancing awareness of the company's business trends, growth perspectives, and more.
Key Highlights
Migros will celebrate its milestone 100th anniversary in 2025. Some of the most important strategic decisions in the companys recent history were made in the past financial year. With Supermarkt AG, which commenced operations on 1 January 2024, Migros has improved the shopping experience for customers in terms of freshness, regionality, and own brands. As part of its low price strategy, Migros began to reduce the prices of more than 1000 everyday products to discount levels while maintaining the same high quality.The disposals of the specialist markets, the Hotelplan Group, and the Mibelle Group were also announced in 2024 and implemented at the start of the current year. The Migros Group is thereby concentrating on its strategic business units: Retailing in both food and non food, Health, and Financial Services.Migros generated Group sales of CHF 32 point 5 billion in 2024, up 1 point 8 percent on the previous years record figure.Retail Sales and Online RetailingRetail sales in Switzerland amounted to CHF 24 point 4 billion, reflecting a 1 point 4 percent increase. Online retailing recorded a strong rise in sales to CHF 4 point 5 billion, marking a growth of 10 point 1 percent. The Galaxus Group was once again one of the key drivers of this growth. Migros Online achieved sales of CHF 365 million, a 6 point 0 percent increase, thereby maintaining its leading position in Switzerland.Cooperative RetailingIn the reporting year, business in Cooperative Retailing was again impacted by declining sales in the specialist markets. As a result, the net sales of the ten regional Migros Cooperatives including subsidiaries fell slightly to CHF 16 point 1 billion, a decrease of 1 point 0 percent. Consolidated sales, which also include Migros Online, the Federation of Migros Cooperatives, and other companies, amounted to CHF 17 point 0 billion, down 1 point 4 percent.Non food sales continued to shift from in store to online retailing. With Digitec Galaxus, Migros operates Switzerlands largest online marketplace. As part of its strategic realignment, Migros decided to sell the specialist markets in 2024.CommerceGrowth in the Migros Group was largely supported by retail companies, especially in online retail. With sales of CHF 2 point 9 billion, an increase of 17 point 2 percent, the Galaxus Group again improved its performance. In food retail, Denner increased its sales by 0 point 1 percent to CHF 3 point 8 billion, and migrolino grew by 0 point 4 percent to CHF 0 point 8 billion. This growth was partly due to significant investment in low prices. Migrols business, however, was impacted by declining volumes and lower oil prices, falling by 9 point 7 percent to CHF 1 point 4 billion. Total sales in the Commerce Department rose to CHF 9 point 0 billion, up 3 point 3 percent.Hotelplan GroupThe Hotelplan Group increased its sales to CHF 1 point 8 billion, a growth of 3 point 0 percent in the reporting year. As part of the Groups strategic focus, all business units were sold at the beginning of the current year to the two major European tourism companies DERTOUR Group and HomeToGo Group.Migros IndustrieMigros Industrie companies increased their sales to CHF 6 point 1 billion, up 1 point 9 percent. The growth was driven primarily by strong demand in Migros supermarket business and other food retail formats in Switzerland. This reflects Migros Industries focus on food retail. As part of its restructuring, Mibelle will be sold this year.Migros BankMigros Bank again performed solidly in 2024. In customer lending, it exceeded the 50 billion mark for the first time, reaching CHF 50 point 6 billion, a 1 point 3 percent rise. The customer base also grew to around 1 point 2 million, an increase of 5 point 4 percent. This was mainly due to success in the card business with the growing Cumulus credit card portfolio.Migros Banks annual profit after taxes reached CHF 282 million, the second best result in its history. Operating income was CHF 807 million, down from the exceptionally strong previous year, mainly due to a decline in net interest income which was CHF 599 million. Migros Bank chose to accept this decline by only partially adjusting its account interest rates to market trends, prioritizing customer benefit.HealthHealth services showed strong growth, with total sales of CHF 1 point 5 billion, up from CHF 1 point 3 billion in the previous year. This reinforced Migros position as the leading provider in this market. Growth was mainly driven by the Medbase Group with a 26 point 1 percent increase. The fitness chain movemi also contributed through increased membership. However, revenue was lost due to the sale and closure of the subsidiaries Misenso and Bestsmile.Financial PerformanceEarnings before interest and taxes rose to CHF 484 million, up from CHF 286 million the previous year. Group profit amounted to CHF 419 million, compared to CHF 175 million previously. The result was influenced by one off effects due to portfolio adjustments, including site closures and decommissioning costs following the sale of the specialist markets, which impacted all Cooperatives.Migros remains financially robust. The equity of Migros retail and industry businesses was CHF 17 point 6 billion at the end of 2024, compared with CHF 17 point 5 billion in the previous year. This corresponds to 78 point 7 percent of the balance sheet total, up from 72 point 8 percent.Thanks to its strong financial position, Migros can continue expanding its supermarket infrastructure and investing in low prices. It also maintains its deep commitment to Switzerland as a hub for industry and society. Total investment in the reporting year amounted to CHF 1 point 5 billion.Social CommitmentIn the reporting year, CHF 138 million was invested in the Migros Culture Percentage, the Pioneer Fund, and the Migros Aid Fund. Around 50 thousand people from a migrant background attended language courses at the Club School. Migros remains dedicated to promoting social cohesion in Switzerland.Migros as an EmployerIn 2024, the Migros Group employed an average of 98 thousand 776 people across about 140 companies. This was a decrease of 398 jobs or 0 point 4 percent compared to the previous year. The decline is primarily due to transformation measures and company disposals. A total of 3559 apprentices trained in over 55 occupations at Migros during the year.Despite a challenging market environment, Migros significantly increased both nominal and real wages. Average nominal wages rose by 2 point 3 percent, slightly above the Swiss retail sector average of 1 point 9 percent. With annual inflation at 1 point 1 percent in 2024, this equates to a real wage increase of about 1 point 2 percent.SustainabilitySales of products with sustainability labels and brands continued to rise. In 2024, in store and online sales of such products reached around CHF 5 point 0 billion, making up 26 percent of total sales. Sales of products with IP Suisse and organic labels increased by 1 point 8 percent. Regarding greenhouse gas emissions, Migros committed to the most ambitious reduction target among Swiss retailers, aiming for a 70 percent reduction between 2019 and 2030. By 2024, it had already achieved a reduction of over 57 percent compared to 2019.Migros is also accelerating the expansion and modernization of its supermarket infrastructure to enhance its nationwide presence and improve the customer shopping experience.OutlookThe sale of business units no longer part of Migros core activities is progressing as planned and is expected to be completed during 2025. Migros will continue expanding and upgrading its supermarket network across Switzerland. Over the next few years, it aims to open 140 new branches and modernize 350 existing ones.The 2024 financial year demanded strong dedication and adaptability from all employees. Their commitment enabled the company to overcome transformation challenges and set a sustainable course for renewal, aligned with the spirit of innovation that has guided Migros for a century.We thank all employees for their contributions and dedication. We also express our gratitude to our long standing partners and, most importantly, to our loyal customers for their continued trust and support.
Migros-Genossenschafts-Bund in the News:-
2025-06-25 - Thomas Garcke is taking over as CEO of the Micarna Group
2025-06-05 - Gemma Gastronomie SA recalls the product MITI Organic Shrimp peeled 100g
2025-05-12 - Migros is pooling its logistics in French-speaking Switzerland
2025-04-24 - Valerie Schelker appointed new Head of HRM at the Migros Group
2025-04-08 - Western Swiss cooperatives to have joint marketing in the future
Scope
- Tactical Analysis:- Various strategic frameworks to gain insights into a Migros-Genossenschafts-Bund's competitive position and operational environment. These analytical tools assist in identifying competitive advantages, potential risks, and areas for improvement and efficiency, enabling companies to make informed tactical decisions.
- Business Strategy:- Contributes to shaping the Migros-Genossenschafts-Bund's overall direction, goals, and decision-making processes, ensuring long-term success and alignment with stakeholder expectations.
- Financial Position:- Provide valuable information on the financial performance and investor sentiment surrounding the company. Indicating the level of confidence and expectations in the company's future prospects. These components collectively contribute to understanding the financial health and market perception of the company.
- Company Fundamentals:- These fundamentals offer valuable insights into the company's history, operations, leadership, and geographical presence, aiding in a comprehensive understanding of the organization.
- Competitive Landscape:- An identification of the Migros-Genossenschafts-Bund's main competitors, providing insights into the competitive landscape it operates in.
- Comprehensive Understanding of the Migros-Genossenschafts-Bund's internal and external factors through SWOT analysis, Financial Analysis, and Competitors Benchmarking.
- Strive Strategic Decision Making with various analyses and identifying potential customers and suppliers.
- Mitigate Risk with help of thorough analysis of internal and external factors. Furthermore, develop strategies and contingency plans to address these challenges and minimize their impact on business operations.
- Competitive Benchmarking will help to gain a competitive advantage by understanding industry trends, customer preferences, and best practices.
- Financial Performance Evaluation provides crucial insights into key financial ratios and trends, supporting better financial decision-making and resource allocation.
- Valuable insights from the report enable investors and partners to make informed decisions regarding potential Collaborations, Investments, or Partnerships with the company.
- Migros-Genossenschafts-Bund PESTLE Analysis
- Migros-Genossenschafts-Bund Value Chain Analysis
- Migros-Genossenschafts-Bund Porter's Five Forces Analysis
- Migros-Genossenschafts-Bund VRIO Analysis
- Migros-Genossenschafts-Bund BCG Analysis
- Migros-Genossenschafts-Bund Segmentation, Targeting and Positioning (STP) Analysis
- Migros-Genossenschafts-Bund Ansoff Matrix Analysis
Table of Contents
92 Pages
- Tables
- Charts
- Migros-Genossenschafts-Bund - Key Company Facts
- Migros-Genossenschafts-Bund - Company Description
- Migros-Genossenschafts-Bund - Top Executives
- Migros-Genossenschafts-Bund - Top Executives Biographies
- Migros-Genossenschafts-Bund - Head Office & Locations
- Head Office - Country
- Key Subsidiaries
- Migros-Genossenschafts-Bund - Products and Services
- Products
- Services
- Migros-Genossenschafts-Bund - Historic Events
- Migros-Genossenschafts-Bund - Company’s Management Discussion
- Migros-Genossenschafts-Bund - Company’s Mission and Vision
- Vision
- Migros-Genossenschafts-Bund - Corporate Strategy
- Migros-Genossenschafts-Bund - Business Description
- Supermarkets and Grocery Retail
- Specialty Markets and Non‑Food Retail
- Food Production, Supply Chain and Manufacturing
- Health, Wellness, Leisure and Education Services
- Migros-Genossenschafts-Bund - ESG Spotlight
- Environment
- Social
- Corporate Governance
- Migros-Genossenschafts-Bund - SWOT Analysis
- Overview
- Strengths
- Weaknesses
- Opportunities
- Threats
- Competing Players
- Snapshot of Competing Players
- Tesco Plc
- Key Company Facts
- Company Description
- Tesco Plc - SWOT Spotlight
- Tesco Plc - PESTLE Spotlight
- Key Financials
- Share Price Trend - Jan-2024 to Dec-2025 (Average Share Closing Price)
- Key Financial Ratio Analysis
- Coop Group
- Key Company Facts
- Company Description
- Denner AG
- Key Company Facts
- Company Description
- Lidl Stiftung & Co. KG
- Key Company Facts
- Company Description
- SPAR Handels AG
- Key Company Facts
- Company Description
- Migros-Genossenschafts-Bund - In the News
- 25-Jun-2025- Thomas Garcke is taking over as CEO of the Micarna Group 05-Jun-2025- Gemma Gastronomie SA recalls the product MITI Organic Shrimp peeled 100g
- 12-May-2025- Migros is pooling its logistics in French-speaking Switzerland
- 24-Apr-2025- Valerie Schelker appointed new Head of HRM at the Migros Group 08-Apr-2025- Western Swiss cooperatives to have joint marketing in the future 05-Mar-2025- From 6 March, the Merci Bus will travel through Switzerland
- 25-Feb-2025- Migros specialist stores: Divestment process for micasa and Do it + Garden completed
- 31-Jan-2025- Elsa Group sells SoFine to plant-based products specialist The New Originals Company 05-Nov-2024- Migros increases wage bill by up to 1.3% and once again compensates for inflation
- 28-Oct-2024- Migros is investing 2.5 billion Swiss francs in price reductions, better product ranges and modern branches
- 10-Oct-2024- Migros recalls Blevita Bio Sandwich Sour Cream & Onion 04-Oct-2024- Migros recalls organic arugula from Italy 01-Oct-2024- Migros focuses its activities in the dental sector
- 30-Sep-2024- Migros welcomes complete takeover of Globus by Central Group
- 30-Sep-2024- Christine Martel will take over the management of the FFB Group on February 1, 2025
- 24-May-2024- Migros Group expands leadership position in Swiss retail
- 21-May-2024- Migros Supermarket AG: Organization is in place, 150 jobs will be cut
- 15-May-2024- Migros' new improved social plan strengthens its employees 03-May-2024- Mira Song will be the new head of the Society & Culture Directorate
- 28-Mar-2023- GastroFutura: The sustainable future of gastronomy
- 18-Jan-2023- HofLabor: innovations for regenerative agriculture
- Migros-Genossenschafts-Bund - Key Deals
- 31-Mar-2025 - Persan acquires the Mibelle Group from Migros to lead the personal and home care market
- 29-Jan-2025 - OBI Group takes over Migros’ OBI stores 07-Oct-2024 - Migros Ticino and Migros Lucerne join forces for the logistics of the future
- Appendix
- Definitions
- SWOT Analysis
- PESTLE Analysis
- Value Chain Analysis
- ESG Spotlight
- Research Methodology
- Disclaimer
- Contact Us
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