HOW A NEW KIND OF SWISS STORE CHANGED THE WAY SWISS SHOP!

Seventy years ago, buying groceries in Switzerland and the rest of Europe changed forever when the Swiss retailer Migros opened a new kind of store in Zurich. In March 1948, Migrosexternal link founder Gottlieb Duttweiler introduced the first...

Discounter boomen – auch ohne Onlineangebot

Während Coop und Migros ihre Onlineshops ausbauen, setzen Discounter auf stationäre Filialen. Schweizer shoppen immer häufiger beim Discounter. Insbesondere Lidl Schweiz legte im letzten Jahr kräftig zu. Mit 10,4 Prozent mehr Umsatz übertrumpfte die deutsche...

Leading Swiss retailer axes 290 jobs

Migros, the biggest retailer in Switzerland, has announced it will cut 290 full-time jobs over the next three years following a drop in profit. The federation of cooperatives said in a statement it was making itself fit...

Ein M zu wenig profitabel

Migros hat ein Problem mit den Erträgen. Ursache dafür sind nicht betriebliche Unzulänglichkeiten, sondern strukturelle Mängel: In der Führung des genossenschaftlich organisierten Konzerns besteht keine klare Trennung zwischen operativen und überwachenden Funktionen. Die Manager...

Facebook and Twitter ban over 900 accounts in bid to tackle fake news

The social networks have banned groups, accounts and pages in Iran and Russia as they tackle fake news. Hundreds of accounts, pages and groups have been banned by Facebook and Twitter over engagement in misleading...

No clean-up of nuclear leak in South Carolina for years

HOPKINS, S.C. (AP) — Federal regulators say the Westinghouse Electric Company has no plans to clean uranium leaks at a nuclear fuel plant despite evidence that it could reach South Carolina’s water supply. Instead, Westinghouse...

1MDB: Ex-Goldman bankers and Jho Low face US charges

Two former Goldman Sachs bankers and Malaysian financier Jho Low have been hit with US criminal charges in connection with one of the world's biggest financial scandals. The Department of Justice alleges the men participated in...

Why the Chinese yuan is falling

The Chinese currency - the yuan - is flirting with the 7 mark against the US dollar, a level it hasn't seen since the 2008 global financial crisis. The movements in the yuan are closely...

Free travel for people going to see the Pope at Phoenix Park

Free travel for people going to see the Pope at Phoenix Park More than half a million people are expected to attend mass in Dublin. The Pope will visit Ireland next month (Tim Rooke/PA) Those travelling by...

Central Bank bill for INBS probe set to hit €20m

Central Bank bill for INBS probe set to hit €20m INBS collapsed into State ownership in 2010 and its dissolution left taxpayers with a €5.4bn clean-up bill. The Central Bank forked out over €3m in legal...

TRENDING RIGHT NOW