Smart & Final was founded 140 years ago in Los Angeles, with now a network of more than 250 grocery stores in California, Arizona, Idaho, Nevada, Northern Mexico, Oregon and Washington. The grocery and food service chain operates under three banners. “Smart & Final” and its larger format stores launched six years ago, “Smart & Final Extra!”, work with both professional and private customers, while “Cash&Carry Smart Foodservice” is on the professional market (such as restaurants and caterers) only.
While celebrating the first anniversary of the company's public stock offering at the New York Stock Exchange with his senior management team, CEO Dave Hirz stated: “We have achieved strong financial growth during our first year as a public company and have accelerated the expansion of our Extra! store format. Building upon our established Extra! and Cash&Carry footprint throughout the Western United States, we are now focused on executing our Project 100 plan, which includes opening over 100 Extra! and Cash&Carry format stores in the next four years”. Along with this plan comes the creation of 5,000 new jobs.
*Photo: Smart & Final
News in the same category
Target caters to young fans of Frozen, Star Wars and other brands with dedicated Disney store sections, which can be found in 25 Target locations across the country.
That's good news for 99 Cents Only: after a struggling phase, efforts have paid off and the bargain stores chain is back to positive.
Japanese retailer Muji just unveiled its eleventh store in the US. It's the company's eleventh shop and it's located on the Fifth Avenue.
The Gap, the once cool clothing brand is facing hard times and has to close 175 of its stores in North America. Europe is on the list too.