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Smart & Final is a chain of warehouse-style food and supply stores based in Commerce, California, which developed through a series of mergers and expansions. The oldest of the combined companies, Hellman, Haas & Co. , was founded in 1871 in Los Angeles .
In September of that year, Casino gained control of Smart & Final Iris (i.e. the former Thriftimart, Inc.) by acquiring the combined 87% of the company's Class B stock owned by the founder's children Roger Laverty II, Robert Laverty, and Nancy Harris for $75 million. [15] [16] Class B shareholders controlled 5 of the company's 9 board seats. [17]
Smart Foodservice Warehouse Stores operated as an independent division of Smart & Final, LLC between 2008 and 2020. In March 2020, US Foods agreed to acquire the Smart Foodservice Warehouse Stores from Apollo Global Management for $970 million. [3] In March 2021, US Foods rebranded all Smart Foodservice Warehouse stores as US Foods CHEF'STORE.
The city of Los Angeles issued a $10,000 fine against Smart & Final and $5,000 fine against a security contractor for mistreatment of a Black shopper.
Hundreds of employees at two Smart & Final warehouses went on strike last week, claiming that the retail chain's parent company retaliated against them for unionizing and is planning mass layoffs.
Consumers’ Checkbook found that Smart & Final had 14% lower prices than other stores in the Bay Area. Saving 14% on groceries every week (if you spend $250) could save you $1,800 a year.
SMART Refrigerated Transport (Lathrop) is a trucking firm that transports dry groceries, frozen foods, ice, and novelties to all of Save Mart Supermarkets’ stores. The company also works as an outside contractor hauling products for other retailers.
About Smart & Final. Smart & Final is a warehouse grocery store committed to offering superior service, exceptional value and quality products to households, business and community groups ...