Rahul Sharma (Editor)

MD Discount

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Trading name
  
MD

Industry
  
Retailing

Founder
  
Patrizio Podini

Headquarters
  
Gricignano di Aversa

Type
  
Private

Area served
  
Italy

Founded
  
1994

MD Discount uploadwikimediaorgwikipediait55cMDDiscount

Key people
  
Patrizio Podini, Chairman

Products
  
Discount store, hypermarket/supercenter/superstore

Subsidiaries
  
Lombardini Discount S.p.A., MD S.p.A., Sequenza SpA, Elma Spa

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

References

MD Discount Wikipedia