Swiss supermarket chain Migros, whose health-conscious founder banned alcohol sales when he set up the business in the 1920s, could soon sell wine, beer and liquor if cooperative members vote to approve the move. The alcohol ban was instituted in 1928, three years after the chain's founder Gottlieb Duttweiler began his pioneering retail work by sending out five trucks with just six basic items to sell direct to households from one village to the next. Duttweiler, who was concerned about the well-being of his customers, banned both alcohol and tobacco sales from the stores that emerged from his initial truck business.
Retailer expects profits to flatline in year ahead, while decision to fully exit Russia will cost £31m
LONDON (AP) — Roman Abramovich’s 19-year ownership of Chelsea is ending after the British government approved the sale of the Premier League club by the sanctioned Russian oligarch to a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly. The government had to be sure that Abramovich, who was sanctioned over his links to Russian President Vladimir Putin after the invasion of Ukraine, did not profit from the enforced sale of the club that his investment turned into one of the most su