June 27, 2019 / 6:55 AM / 3 months ago

Swiss retailer Migros plans to sell Globus, Depot, Interio businesses

ZURICH, June 27 (Reuters) - Swiss cooperative retailer Migros plans to sell its Globus department stores, Depot and Interio home furnishings units, and m-way electric bicycle business as it focuses on core operations and online commerce, it said on Thursday.

It said it would take some time for the sale process to progress and that no significant changes for staff or customers were expected in the meantime.

Reporting by Michael Shields, editing by John Revill

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