How Smart & Final is picking up Haggen's mess and growing across the region
Posted: November 11th, 2015, 6:03 pm
http://www.ocregister.com/articles/stor ... final.html
"All 32 stores that Smart & Final plans to acquire from Haggen will be turned into the company’s Extra! format, which focuses on selling organic items and more household items. Five existing legacy Smart & Final stores located near the conversion sites will shutter. The stores should open during the first half of 2016."
"Richard Phegley, Smart & Final’s chief financial officer said Wednesday the company expected to pay $70 million for the Haggen stores and roughly the same amount to convert them to Smart & Final brands"
"All 32 stores that Smart & Final plans to acquire from Haggen will be turned into the company’s Extra! format, which focuses on selling organic items and more household items. Five existing legacy Smart & Final stores located near the conversion sites will shutter. The stores should open during the first half of 2016."
"Richard Phegley, Smart & Final’s chief financial officer said Wednesday the company expected to pay $70 million for the Haggen stores and roughly the same amount to convert them to Smart & Final brands"