As of Oct 8, 2017, the company operated 316 locations throughout the Western US, including 253 Smart & Final stores and 63 Cash & Carry stores, as well as 15 stores in Northwestern Mexico in a joint venture.
In fiscal 2016, the company opened 33 new Smart & Final Extra! Stores, converted 6 Legacy stores to Extra! format stores and closed 8 Legacy stores, in addition to opening 4 Cash & Carry stores. During the first nine months of fiscal 2017, the company opened 11 new stores.
All stores are leased, typically for initial terms of 15 to 20 years, with renewal options of 5 to 15 years.
Stores are located primarily in areas with higher concentrations of businesses in both smaller and mid-sized shopping centers and at stand-alone sites. In 2008, the company launched a transformational initiative to convert Legacy Smart & Final stores to larger format stores called Extra!. At the end of the second quarter, there were 172 Extra! and 94 Legacy Smart & Final Stores. Legacy Smart & Final stores average approximately 16,000 square feet. Extra! stores average approximately 28,000 square feet. Cash & Carry stores average approximately 20,000 square feet.
|Total gross square feet (M)||7,726||7,261||6,034||5,343||4,899||4,756|
|Total gross square feet growth||7.0%||20.3%||12.9%||9.1%||3.0%||1.2%|
|Avg store gross sq ft||24,400||23,800||21,900||21,000||20,400||20,200|
|Avg store gross sq ft growth||3.0%||8.9%||3.9%||3.0%||0.9%||0.8%|