Migros, the Swiss retail cooperative, has announced it is withdrawing from the German market to focus on its domestic operations. As part of the strategic realignment, the company has signed an agreement with Edeka, the German retail group, for the takeover of a substantial part of the Tegut Group. The transaction includes a significant portion of the store portfolio, the Michelsrombach logistics centre, the Herzberger bakery and Smart Retail Solutions, …











