MD Discount

MD Discount
MD
Private
Industry Retailing
Founded 1994 (1994)
Founder Patrizio Podini
Headquarters Gricignano di Aversa, Italy
Area served
Italy
Key people
Patrizio Podini, Chairman
Products Discount store, hypermarket/supercenter/superstore
Revenue ^2 billion
Parent Selex Gruppe
Website

MD Discount is an Italian global discount supermarket chain, based in Gricignano di Aversa, Italy- It belongs to the holding company Selex Gruppe.

History

The company was founded in the 1994s by Patrizio Podini. The first store in MD brand was opened in September 1994 in Mugnano di Napoli. In little more than a year have been opened more than fifty stores in the Centre-South, some of whom detecting signs premises.

In 2015 MD distributes its products through a network of 800 outlets and direct affiliates.

Recently MD brought LD Market for the price of 170 million, making it the third largest sector discount in Italy, after Eurospin and Lidl [1][2][3]

References

Template:Supermarkets in Italy

This article is issued from Wikipedia - version of the 10/30/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.