Consolidation happens. And the industry continued to find that out in 1995. One of the busiest consolidators in 1995 was Yucaipa Cos., the Los Angeles-based investment firm that acquired Dominick's Finer Foods, Northlake, Ill., in March at a cost of $749 million plus debt and merged Food 4 Less Supermarkets, La Habra, Calif., into Ralphs Grocery Co., Compton, Calif., in June at a cost of $1.5 billion. Coming on the heels of its 1994 acquisition of Smitty's Super Valu, Phoenix, and its ...

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