![]() In the early-1990s, Smith's attempted a major expansion into the Southern California market which was completely unsuccessful and resulted in Smith's accumulating nearly $500 million in debt.Īcquisition by Fred Meyer and Kroger Merger In 1989 the company completed its initial public offering and shares of the company started trading on the New York Stock Exchange under the ticker symbol SFD. ![]() Later, Dee's son Jeff Smith became Chairman and CEO of Smith's. Through partnerships and acquisitions Dee Smith built the company until his death in 1985. When his son Dee Smith joined the business he began immediately expanding it. Smith opened his first grocery store in Brigham City, Utah. The chain's early 1990s advertising slogan was, "The one place that takes the place of going place to place." Smith's utilizes a combination food and drug center format that strives for one-stop shopping. Smith's operates over 125 stores in Utah, Nevada, New Mexico, Arizona, Montana, Idaho, and Wyoming. Homepage = [ Smith's Food and Drug, commonly known as Smith's, is a leading chain of supermarkets in the Intermountain and Southwest regions of the United States. Products = Bakery, Dairy, Deli, Frozen foods, General grocery, Meat, Pharmacy, Produce, Seafood, Snacks, Chinese Kitchen, Cosmetics, Organic Food, Photo Lab, Non-Foods, Smiths Tix Location = Salt Lake City, Utah| industry = Retail Company_name = Smith's Food & Drug Stores Inc.
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