The company's purpose is to operate retail businesses with food and non-food items. The company may engage in all commercial, financial and other activities that promote the purpose of the company or are directly or indirectly related to it. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for subsidiaries and third parties.