The company's purpose is to trade in goods of daily use, in particular foodstuffs, and to operate corresponding retail stores. It can also sell or trade goods of daily use through other channels, in particular over the internet. The company can establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company can acquire, encumber, sell and manage intellectual property rights and real estate in Switzerland and abroad. It can also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.