Smart & Final operates 195 warehouse stores under the Smart & Final banner (including 13 as part of a joint venture in Mexico); 52 Cash & Carry stores; and 43 farmers’ market-style stores (34 Henry’s and nine Sun Harvests).
Smart & Final said sales and profits improved during the fiscal second quarter, citing contributions from new stores and comparable-store sales driven by increases in store visits and basket size....More
Smart & Final, Los Angeles, said it has hired Eleanor Hong as senior vice president and CMO, a new position, to develop and oversee strategic marketing programs to enhance the brand and build sales in new and existing markets....More
NEW YORK — Moody's Investors Service here said Tuesday it has assigned a B3 corporate family rating and probability of default rating to SF CC Intermediate Holdings, a holding company formed by Ares Management to acquire Smart & Final Stores, Los Angeles....More
LOS ANGELES — Smart & Final Holdings Corp. here said last week Ares Management LLC has signed a definitive agreement to acquire a majority stake in the company from Apollo Global Management for an estimated price of $975 million....More