Supermercado La Franco Italiana

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Supermercado La Franco Italiana S.A.
Type Public
Founded 1950
Headquarters Venezuela Paraguana´s Tax Free Zone, Falcón State, Venezuela
Industry Commerce
Products Commerce
Revenue Bs. ? billion (2006)
Operating income Bs. ? billion (2006)
Net income Bs. ? billion (2006)
Employees ??? (2006)

Supermercado La Franco Italiana is a chain of supermarkets, located in the Paraguana peninsula of Venezuela.

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

During the company's first few years, growth was slow, but when petroleum companies Royal Dutch/Shell and Creole Petroleum Corporation merged, the Paraguana peninsula registered an important 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 is, as of 2003, the largest supermarket store in Venezuela.

Many people in the Paraguana peninsula have nicknamed the company La Franco.

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