Why is Ex Libris closing physical stores in Switzerland?

Migros is moving the Ex Libris book business online to cut fixed costs and scale logistics on Galaxus. Shopping has shifted to e-commerce, where selection, price transparency, and delivery speed are stronger. Consolidation on one platform should improve assortment, promotions, and profitability while keeping the brand active for Swiss readers.

How many jobs are affected by the Ex Libris closures?

About 230 employees are affected as Migros closes 15 Ex Libris stores by end-2026. The transition will occur in stages. Impact will differ by location and lease terms. Investors should watch official updates for any redeployment options, timing of closures, and how service levels are maintained during the shift to Galaxus.

What does the move mean for Swiss shoppers?

Customers will find the Ex Libris book assortment on Galaxus with broader availability and faster delivery. Expect stronger promotions, easier price comparison, and better stock visibility. Local browsing will decline as stores close, so convenience will depend on reliable logistics, pickup options, and clear return policies across Switzerland.

What should investors monitor during the Migros Galaxus integration?

Track migration of Ex Libris customers to online accounts, delivery and return metrics, bestseller availability, and average basket size. Also watch marketing spend efficiency, publisher partnerships, and customer reviews. Stable service levels and improving margins would signal the shift is creating lasting value in Switzerland’s retail market.

Global Market Insights

Ex Libris January 30: Migros to Close All Stores, Shift to Galaxus

ByDanny Kontos January 30, 2026January 30, 2026

Ex Libris is entering a new chapter in Switzerland. Migros will close all 15 stores by end-2026 and shift the book business to Galaxus. The move puts Ex Libris fully online and signals faster retail digitization in CH. About 230 employees are affected, and shoppers will use Galaxus for books. We explain what the Migros Galaxus integration means for Swiss retail, where risks and opportunities lie, and what investors should watch next.