Migros Ticaret A.Ş. was founded in 1954 in İstanbul through the joint initiatives of the Swiss Migros Cooperatives Union and the İstanbul Municipality. Embracing the mission of procuring food supplies and consumables from producers under the supervision of the municipal authorities and of serving these products to İstanbul inhabitants in hygienic conditions and at economic prices, Migros opened its first store in Istanbul in 1957. Today, Migros offers spacious stores in a wide range of formats and locations whose vast selection of stationer, glass and kitchenware, appliance, book, recorded media, clothing and other necessities give it the ability to satisfy nearly all of the shopping needs of its customers. As of 31 December 2016, Migros operates 1558 stores across all seven geographic regions of Turkey serving to its customers including 8 million of loyalty card holders.