Standard Owner Benchmark - MIGROS

By CommonShare

Migros is a leading retail company based in Switzerland. Migros is one of the largest supermarket chains in the country and operates in various sectors including food, non-food products, and services. Migros was founded in 1925 by Gottlieb Duttweiler, who had a vision of providing high-quality products at affordable prices to the Swiss population.

Migros operates as a cooperative, with its customers being members of the cooperative and having a say in the company's decisions through democratic structures. The cooperative structure allows Migros to prioritize customer satisfaction and societal well-being over maximizing profits.

The company has a diverse range of products, including fresh produce, groceries, household goods, clothing, electronics, and more. It also offers various services such as banking, insurance, travel, and fitness centers. Migros has established several sub-brands and subsidiaries to cater to different customer segments and needs, including M-Industry (manufacturing and production), M-Budget (affordable products), and Migros Bank.

In addition to its retail operations, Migros is known for its commitment to sustainability and social responsibility. It has implemented various initiatives to reduce its environmental impact, promote fair trade practices, and support local suppliers. Migros also engages in community programs and charitable activities, contributing to social causes and promoting cultural and educational initiatives.

With its extensive network of stores throughout Switzerland, Migros has a significant presence in the country's retail market. It continues to adapt to changing consumer preferences and market trends, offering a wide range of products and services to meet the evolving needs of its customers.

It's always a good idea to visit Migros' official website or refer to their official sources for the most current and detailed information about the company.

Overall Rating

2.0
Undistinguished

Governance

The certification uses a multi-stakeholder, independent governance model to support the development of the standards related to the certification.

Supply Side Digitization

Details on the certificate are easily available via technology for inclusion in third party digital applications.

Buy Side Availability

Buy side availability details out how easy it is for consumers to find products and companies exhibiting the standards offered by the certification.

Relevance

This considers the scale of the certification, and the number of products and companies that currently contribute to the certificate. National and local certification are normalized with countries.

Digital Accessibility

How easy is it for innovative new companies, startups, and local retailers to have the same access and affordable pricing models to use standard information in digital applications.

How our Standard Owner Benchmark® Works?

By CommonShare

This is a benchmark to help companies understand which standards should be part of a sustainable procurement plan. Further, the benchmark allows standard setting schemes, i.e. "Standard Owners", to benchmark their performance versus industry peers.