
TIL that the Switzerlands largest supermarket Migros, doesn’t sell alcohol or tobacco in stores, pays no dividends, caps profits by lowering prices if earnings exceeds 5%, is a cooperative with 2M+ members, and donates 1% of revenue to social projects, purely out of the founders moral philosophy
https://en.wikipedia.org/wiki/Migros
Posted by Zeustah-

3 Comments
Migros bought Denner
Denner sells alcohol and tobacco
As Denner belongs to Migros, you can often find them in the same building / mall
not like theyre following the philosophy at all when they put their denner right next to their migros
Yes and they even once asked whether we wanted them to sell alcohol and got a very clear no from the population.