Migros is Switzerland’s largest retail company, the largest supermarket chain and the largest employer company. It is also one of the 40 largest retailers in the world. It was jointly established by Migros Türk, Turkey’s largest retailer. The company name comes from the French ‘MI’ or ‘gros’, which means wholesale.
Migros was founded in 1925 by Gottlieb Duttweiler as a private enterprise. At first, he used a truck to sell coffee, rice, sugar, noodles, coconut oil and soap from village to village.
Migros is headquartered in Zurich, Switzerland. In 2006, the company’s operating income was 659 million Swiss francs. In 2011, the company’s revenue was 24.86 billion Swiss francs. In 2011, the company had 86,393 employees.
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