MD Discount

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

MD Discount
MD
Private
IndustryRetailing
Founded1994 (1994)
FounderPatrizio Podini
Headquarters
Gricignano d'Aversa
,
Area served
Italy
Key people
Patrizio Podini, Chairman
ProductsDiscount store, hypermarket/supercenter/superstore
Revenue^2 billion
ParentLillo Spa
Website

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

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