PHOENIX -- Yucaipa Cos. has completed its acquisition of Smitty's Super Valu here. mpany will remain a separate corporation with its headquarters here. Yucaipa will work with Smitty's management, the spokesman said, "to continue the improvement of Smitty's stores and operations" with a $25 million capital commitment. The funds will be used over the next 24 months to remodel and upgrade existing Smitty's stores and to "aggressively pursue the company's new-store development program," the ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.