Migros’ Major Restructuring: The Future of Specialist Stores and Jobs in the Swiss Retail Giant

As part of a major restructuring effort, Migros is preparing to announce the fate of its specialist stores, including Melectronics, SportX and potentially others like Micasa, Bike World, Obi and Do it + Garden. The changes will have a profound impact on the entire Migros organization.

One of the significant changes at Migros is in its specialist stores that have been struggling due to increasing online competition. The restructuring is likely to involve selling off certain chains and potentially others. For example, it is expected that Melectronics will be sold with potential buyers including Media Markt and Fnac. SportX may be acquired by companies like Decathlon or Ochsner Sport. The future of other specialty stores like Micasa, Bike World, and Obi is uncertain with potential sales or reorganizations on the horizon.

In addition to the specialist stores, Migros is also undergoing changes in its supermarket business and production companies. The establishment of Supermarkt AG aims to centralize management of supermarkets to improve efficiency and competitiveness. Meanwhile, the Migros Industry is refocusing on producing high-quality private labels at competitive prices.

As a result of these changes, Migros plans to cut 1,500 jobs as part of its restructuring efforts, with additional job losses expected through the sale of subsidiaries. The full extent of the changes at Migros will be announced internally with further details expected in the coming weeks. These changes will reshape the Migros cosmos and set the stage for a new era for the iconic Swiss retailer.

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