Source: retailtechinnovationhub.comMigros agrees to sell majority of German chain Tegut to EdekaThe Migros Zurich Cooperative (GMZ), a regional cooperative of Switzerland's Migros Group, has agreed to sell a large portion of the German supermarket chain Tegut to Edeka. The deal includes a substantial portion of the store portfolio of Tegut with sales staff, the logistics centre in Michelsrombach, the Herzberger bakery and Smart Retail Solutions, which operates the Teo locations in Germany, Migros announced in a statement. Without disclosing the value of the deal, Migros noted that transfer of the stores to Edeka and other participants is still subject to approval by Germany's national competition authority. The in-store shopping handset and mobile app, which lets customers scan as they go, meaning they can skip checkout queues, turned ten. The Albertsons banner opened a 63,000-square-foot store at 1046 Market Way in Argyle, marking the largest of the three new locations under the banner.

Source: The Guardian March 12, 2026 13:40 UTC