Is the unified cooperative coming now? Today Migros explains how it wants to position itself more efficiently
The complicated structure with ten regional cooperatives is holding back the retailer in the fight against Coop and the discounters. Now the Migros management is proposing fundamental changes.
The Migros Group is reportedly considering merging its regional cooperatives into a single cooperative, known as an "Einheitsgenossenschaft." CEO Mario Irminger recently stepped down, stating that the management must pass the baton to new leaders who will shape and lead the transformation. Irminger emphasized that the headquarters will remain in Zurich, but the company is not the same as Zurich; it represents Switzerland.
He expressed confidence that all shareholders would agree on the merger, as a three-fifths majority would be required. If some cooperatives refuse, the situation would need to be reevaluated. The merger was approved unanimously by the administrations of the ten regional cooperatives and the Migros Genossenschafts-Bund. However, the final decision will be made by over two million Migros shareholders at referendums in mid-2027, with 25 percent of eligible voters required to participate and vote in favor by a two-thirds majority.
Irminger reassured that layoffs and dismissals would not be the goal, adding that regional councils would be established to ensure democratic participation. The Migros Group aims to maintain its regional presence while transitioning to a new structure.
Written by urgent.news from NZZ Wirtschaft's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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