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In 1997, Smith's Food & Drug was acquired by Portland-based Fred Meyer for about $700 million (equivalent to $1.33 billion in 2023) in stock. [6] The deal created a supermarket and general merchandise chain with 374 stores in 17 western states.
1999: Smith's parent company, Fred Meyer, is acquired by Kroger Company. Smith's Food & Drug Centers, Inc., a subsidiary of The Kroger Company, is a leading regional supermarket chain operating in the intermountain, Southwest, and Pacific Northwest regions of the United States.
Oct 14, 2022 · Kroger, which owns Smith’s Food & Drug stores in the Las Vegas Valley, on Friday bid $20 billion for Albertsons Companies Inc., or $34.10 per share. Kroger will also assume $4.7 billion of...
Smith's Food & Drug is a division of Kroger Co. operating a chain of supermarket stores. The company was founded in 1932 and is headquartered in Salt Lake City, Utah.
Company profile page for Smith's Food & Drug Centers Inc including stock price, company news, executives, board members, and contact information.
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Fred Meyer. In 1997, Smith's Food & Drug was acquired by Portland -based Fred Meyer for about $700 million (equivalent to $ 1.33 billion in 2023) in stock. The deal created a supermarket and general merchandise chain with 374 stores in 17 western states.
The story of Smith's Food & Drug Centers, Inc., can be traced back to 1911 when Lorenzo Smith rented a space for a small grocery market stocking such staples as rice, flour, and dry beans.