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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 .
In September of that year, Casino gained control of Smart & Final Iris (i.e. the former Thriftimart, Inc.) by acquiring the combined 87% of the company's Class B stock owned by the founder's children Roger Laverty II, Robert Laverty, and Nancy Harris for $75 million. [15] [16] Class B shareholders controlled 5 of the company's 9 board seats. [17]
This page was last edited on 12 October 2007, at 20:54 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The city of Los Angeles issued a $10,000 fine against Smart & Final and $5,000 fine against a security contractor for mistreatment of a Black shopper.
Smart & Final calls themselves “the smaller, faster grocery warehouse store.” They’re somewhere between a traditional grocery store and a bulk-buy warehouse like Costco.
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