MD Discount
| MD | |
| Company type | Private |
| Industry | Retailing |
| Founded | 1994 |
| Founder | Patrizio Podini |
| Headquarters | , |
Area served | Italy |
Key people | Patrizio Podini, Chairman |
| Products | Discount store, hypermarket/supercenter/superstore |
| Revenue | ^2 billion |
| Parent | Lillo Spa |
| Website | [1] |
MD Discount is an Italian global discount supermarket chain, based in Gricignano di Aversa, Italy.
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 bought 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
- ^ Eco di Bergamo
- ^ Corriere della Sera
- ^ Gdonews Archived 2013-08-12 at the Wayback Machine