Migros

Migros said Monday it was cutting the price of 500 branded products by 10% to 20%.

Swiss Supermarkets Cut Prices on Franc Strength John Revill 2011

The cuts follow an average 4% reduction across its whole range since the start of the year, with Migros investing around 300 million Swiss francs in price cuts this year.

Swiss Supermarkets Cut Prices on Franc Strength John Revill 2011

"Because of the Euro we have had negotiations with our suppliers like Nivea and Ferrero," said Martina Bosshard , spokeswoman for Switzerland's largest supermarket chain Migros.

Swiss Supermarkets Cut Prices on Franc Strength John Revill 2011

In reports over the weekend, Migros said it was considering job cuts, and Coop warned its 2011 growth will be lower than expected.

Swiss Supermarkets Cut Prices on Franc Strength John Revill 2011

Migros said some of its stores near to the border had lost up 6% to 8% in sales, with the pressure particularly great close to the German and Austrian borders and around Lake Geneva.

Swiss Supermarkets Cut Prices on Franc Strength John Revill 2011

Denner, which is owned by the cooperative Migros, had continued to sell the capsules after the June ruling as it was unclear—before the latest clarification—whether or not the ruling had reintroduced the ban.

Nespresso Rival Removes Capsules From Sale John Revill 2011

Denner, which is owned by Swiss cooperative Migros and Alice Allison, resumed sales of the capsules in April.

Nestlé Wins Appeal Against Nespresso Rival John Revill 2011

Denner, which is owned by Swiss cooperative Migros and Alice Allison, resumed sales of the capsules in April.

Nestlé Wins Appeal Against Nespresso Rival John Revill 2011

The Commercial Court in St. Gallen withdrew an injunction against Swiss retailer Denner, which is owned by Swiss cooperative Migros, and its manufacturing partner Alice Allison, that prevented the company from selling its own version of the Nespresso capsules.

Nespresso Rival Wins in Court John Revill 2011

Retailers like the cooperatives Migros and Coop, as well as discounter Denner, have already cut prices of food, drinks and household and personal care items by up to 20%.

Swiss Supermarkets Cut Prices on Franc Strength John Revill 2011