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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 .
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 ...
If you live in California, Nevada or Arizona, then you might be able to get good deals on your groceries by taking a trip to your local Smart & Final.Smart & Final calls themselves “the smaller ...
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.
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 ...