Supermercado La Franco Italiana

Supermercado De Candido nice is a chain of

supermarkets A supermarket is a self-service shop offering a wide variety of food, beverages and household products, organized into sections. This kind of store is larger and has a wider selection than earlier grocery stores, but is smaller and more limit ...

, located in the Paraguaná Peninsula of

Venezuela Venezuela (; ), officially the Bolivarian Republic of Venezuela ( es, link=no, República Bolivariana de Venezuela), is a country on the northern coast of South America, consisting of a continental landmass and many islands and islets in th ...

. The supermarket company was established in 1950, when the Italian Prati Caruso brothers established it as '
Supermercado La Franco Italiana
''. La Franco Italiana, Punto Fijo

During the company's first few years, growth was slow, but when

petroleum Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crud ...

companies Royal Dutch/Shell and Creole Petroleum Corporation merged the Paraguaná Peninsula experienced significant economic and population growth, inspiring ''La Franco Italiana'' to expand. In 1974 the company's name changed officially from ''La Franco Italiana'' to ''Supermercado La Franco Italiana S.A.''. In 1989 the company inaugurated what was, as of 2003, the largest supermarket store in Venezuela. Many people in the Paraguaná Peninsula still refer to the company as ''La Franco''. The supermarket got sold due to economic and security problems. It got sold to the company "De Candido" which has several supermarkets in the country. It is now called "De Candido". {{portalbar, Supermarkets, Companies Supermarkets of Venezuela Retail companies established in 1950 1950 establishments in Venezuela