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Smart & Final to open 100 new stores

Smart & Final Stores Inc., a value and quality-oriented retailer, plans to open 100 new stores in the next four years. Additionally, it will invest in 100 new neighborhood projects and 100 teams of new store employees as part of its Project 100.

Chief Executive Officer Dave Hirz said Smart & Final has "accelerated the expansion of our 'Extra!' store format. Building upon our established 'Extra!' and Cash & Carry footprint throughout the Western United States, we are now focused on executing our Project 100 plan, which includes opening over 100 'Extra!' and Cash & Carry format stores in the next four years," said Hirz. "We believe our consistent focus on value, quality and convenience resonates powerfully with our business and household consumers, and gives us an edge in a competitive market."

Currently, Smart & Final operates 266 stores in California, Oregon, Washington, Arizona, Nevada, and Idaho. As part of Project 100, the company plans to open 100 new stores, in line with the company's 10 percent annual unit growth plan, and to hire at least 5,000 new employees to staff those stores over the next four years. Additionally, with every store Smart & Final opens, the company will continue to give back to the communities in which it operates via philanthropic donations and partnerships, solidifying its commitment to being a good neighborhood partner.

Sept. 22, 2015 marked the one-year anniversary of Smart & Final's listing as a public company on the New York Stock Exchange. In its first year as a public company, Smart & Final has continued to launch several product and marketing initiatives to meet the ever-changing needs of its customers, from expanding its popular private label "First Street" and organic private label "Sun Harvest" to expanding natural produce selection in its stores and partnering with Instacart and Google Shopping for in-home and office delivery service.