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
Muji has announced a new pop-up store in New York. The Japanese lifestyle brand is set to open a temporary store in the Soho district, from the 30th August 2019.
Everybody loves designer labels, no matter how much they say they don’t. That’s one of the reasons why everybody loves Marshalls. All those lovely designer labels at deeply discounted prices.
Wayfair has just announced that its first full-service store is due to open in Massachusetts in the fall of 2019.
During the ‘80s and ‘90s, big-box electronics outlets were doing extremely good. That was the period when new stores were positioning themselves, and the already established were further cementing their place.
