Minipreço
Encyclopedia
Minipreço is a discount supermarket chain in Portugal
Portugal
Portugal , officially the Portuguese Republic is a country situated in southwestern Europe on the Iberian Peninsula. Portugal is the westernmost country of Europe, and is bordered by the Atlantic Ocean to the West and South and by Spain to the North and East. The Atlantic archipelagos of the...

, part of the Spanish Dia
Dia (supermarket chain)
Día is the trading name of Distribuidora Internacional de Alimentación, S.A., a Spanish international hard-discount supermarket chain which since 2000 is part of the Carrefour Group but since 13 May 2011 has begun a legal process of separation as a listed company on the Madrid stockmarket...

 group and owned by the French supermarket company Carrefour
Carrefour
Carrefour S.A. is an international hypermarket chain headquartered in Levallois-Perret, France. It is one of the largest hypermarket chains in the world...

. There were 534 stores across Portugal at the start of 2011, 1/3 of them franchises. 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
Pingo Doce is the largest supermarket operator in Portugal with over 350 stores. It belongs to the Groupo Jerónimo Martins, which is owned by the name giving person Jerónimo Martins. In the 1990s he acquired Brazilian supermarket chain Sé Supermercados, which became the Brazilian equivalent to...

 and Lidl
Lidl
Lidl is a discount supermarket chain based in Germany that operates over 7,200 stores across Europe. The company's full name is Lidl Stiftung & Co. KG...

.

It was formerly known has Companhia Nacional de Descontos. Minipreço was first owned by Companhia Nacional de Hipemercados but later sold to Distribuidora Internacional de Alimentación, S.A.
Dia (supermarket chain)
Día is the trading name of Distribuidora Internacional de Alimentación, S.A., a Spanish international hard-discount supermarket chain which since 2000 is part of the Carrefour Group but since 13 May 2011 has begun a legal process of separation as a listed company on the Madrid stockmarket...

 (DIA) of Spain
Spain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...

. The chain had annual sales of over €900 million in 2009 and 2010. A 2010 news report that Carrefour was planning to sell the chain was called a "rumor" by the company.
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