MD Discount

Last updated

MD (company)
MD
Company type Società per azioni
IndustryRetailing
Founded1994;31 years ago (1994)
FounderPatrizio Podini
Headquarters,
Italy
Number of locations
782 [1]
Area served
Italy
Key people
Patrizio Podini, Chairman
ProductsDiscount store (supermarkets)
RevenueIncrease2.svg €3.7 billion (2024) [1]
Number of employees
9,000+ [1]
Website www.mdspa.it

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

Contents

History

The company was founded in the 1994 by Patrizio Podini. The first store in MD brand was opened in September 1994 in Mugnano di Napoli. Initially, the company, then named Lillo S.p.A., focused on expanding in Southern Italy. 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]

See also

References

  1. 1 2 3 "Lavora con noi • MD".
  2. Eco di Bergamo
  3. Corriere della Sera
  4. Gdonews Archived 12 August 2013 at the Wayback Machine