Migros planning further Obi stores

Following the opening in Aigle, the new total of four Obi markets operated by the Migros group in Switzerland exceeded the SFR 100 mio mark (€ 64 mio) in sales last year. According to Migros’ company report, the like-for-like increase was higher than the market trend. The company’s retail area now amounts to 27 942 m². Migros is currently constructing two new Obi stores, and there are firm plans for a further six locations. The number of stores in the Do it + Garden format remained unchanged at 61 in 2003, while its retail space increased slightly to 106 637 m². The group is striving for further selective expansion of its network of specialist stores. What is more, work is continuing on a reorientation of the marketing format.