German Acquisition Leads To Record Profits For Migros
date:Apr 07, 2014
ure on prices to continue on non-food merchandise.

In addition to its own brand food stores, Migros owns the upscale Globus department store chain, the discount Denner chain and Migrol, a network of service stations.

Migross results come after arch-rival Coop reported slightly higher revenues of almost 27 billion francs in 2013, up 0.9 percent from the previous year.

Coop reported a net profit of 462 million francs for the year, up 10 million francs from 2012.
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07/07 05:32