Keystone / Michael Buholzer
Migros is slimming down further. A buyer has been found for Melectronics, the Group announced on Tuesday. The retailer also intends to divest further subsidiaries. This will result in additional redundancies.
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June 18, 2024 – 15:57
As is well known, the retail group Migros wants to free itself from its complicated structures and become leaner. Migros has now found a buyer for Melectronics: It is selling 20 of the 37 specialist electronics stores to Mediamarkt. The remaining 17 will be closed, as Migros announced in a press release on Tuesday.
According to Migros, the acquired stores will continue to operate under the Mediamarkt brand. This rebranding will take place in stages, in parallel with the