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SmartCo stores differed from typical Smart & Final locations in that they were significantly larger and included produce, meat, and bakery departments, as well as a large selection of natural and organic foods. In June 2010, the first SmartCo Foods store opened on Parker Road in Denver, and was said to be tailored for the Colorado market.
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.
Currently, this store format has a presence in California, Nevada, Arizona, New Mexico and Texas. Smart & Final: For an amount of 620 million dollars, Chedraui acquires the Smart & Final stores from the subsidiary Bodega Latina and the private equity firm Apollo Global Management Inc, whose format was founded in 1871 under the original name of ...
The deal comes after Apollo sold Smart & Final to Ares Management Corp, another buyout firm, in 2012 for $975 million, including debt. It is Apollo's latest bet on the brick-and-mortar grocery ...
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