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MD Discount

Italian global discount supermarket From Wikipedia, the free encyclopedia

MD Discount

MD S.p.A. is an Italian global discount supermarket chain, based in Gricignano di Aversa, Italy.

Quick Facts Trade name, Company type ...
MD (company)
MD
Company typeSocietà per azioni
IndustryRetailing
Founded1994; 31 years ago (1994)
FounderPatrizio Podini
Headquarters,
Number of locations
820[1]
Area served
Italy
Key people
Patrizio Podini, Chairman
ProductsDiscount store (hypermarket, supercenter, superstore)
Revenue 2.75 billion (2019)[1]
Number of employees
8,500+[1]
ParentLillo S.p.A.
Websitewww.mdspa.it
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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 more than 800 outlets and direct affiliates.

Recently MD bought LD Market for the price of 170 million, making it the third largest sector discount in Italy, after EuroSpin and Lidl.[2][3][4]

Testimonial

See also

References

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