Minipreço is a

discount supermarket A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down co ...

chain in

Portugal Portugal, officially the Portuguese Republic ( pt, República Portuguesa, links=yes ), is a country whose mainland is located on the Iberian Peninsula of Southwestern Europe, and whose territory also includes the Atlantic archipelagos of ...

, part of the Spanish Dia, which was formerly owned by the French supermarket company

Carrefour Carrefour () is a French multinational retail and wholesaling corporation headquartered in Massy, France. The eighth-largest retailer in the world by revenue, it operates a chain of hypermarkets, groceries stores and convenience stores, whic ...

. There were 534 stores across Portugal at the start of 2011, with one third of them being

franchises Franchise may refer to: Business and law * Franchising, a business method that involves licensing of trademarks and methods of doing business to franchisees * Franchise, a privilege to operate a type of business such as a cable television ...

. According to the ''Associação Portuguesa de Empresas de Distribuição'' (Portuguese Association of Distribution Companies), Minipreço had more stores in Portugal in 2010 than any other brand, ahead of

Pingo Doce Pingo Doce (Sweet Drop in English) is one of the largest supermarket operators in Portugal, with almost 400 stores (Continente (Supermarket), Continente is the largest food retailer, operating over 550 stores, while Minipreço has more than 500) ...

and

Lidl Lidl Stiftung & Co. KG (; ) is a German international discount retailer chain that operates over 11,000 stores across Europe and the United States. Headquartered in Neckarsulm, Baden-Württemberg, the company belongs to the Schwarz Group, whi ...

. By the end of 2014 the number of Minipreço supermarkets had risen to 641, with 289 of them being franchises. It was formerly known as ''Companhia Nacional de Descontos''. Minipreço was first owned by Companhia Portuguesa de Hipermercados (now known as Auchan Retail Portugal) but later sold to Distribuidora Internacional de Alimentación, S.A. (DIA) of

Spain , image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , i ...

. The chain had annual sales of over €900 million in 2009 and 2010. In July 2011, Carrefour spun off Dia, listing the company on the Madrid stock exchange.

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Supermarkets of Portugal Discount stores {{retail-company-stub

See also

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