As of Dec 31, 2017, the company operated 323 locations throughout the Western US, including 260 Smart & Final stores and 63 Cash & Carry stores, as well as 15 stores in Northwestern Mexico in a joint venture.

In fiscal 2017, the company opened 14 new Smart & Final Extra! Stores, converted 8 Legacy stores to Extra! format stores and closed 8 Legacy stores, in addition to opening 4 Cash & Carry stores. The company expects to open 3 to 5 stores each for the Smart & Final and Cash & Carry concepts.

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 fiscal 2017, there were 194 Extra! and 66 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.

TTM20172016201520142013
Stores323323305276254240
Store growth5.9%5.9%10.5%8.7%5.8%2.1%
Total gross square feet (M)7,7917,7917,2616,0345,3434,899
Total gross square feet growth7.3%7.3%20.3%12.9%9.1%3.0%
Avg store gross sq ft24,10024,10023,80021,90021,00020,400
Avg store gross sq ft growth1.3%1.3%8.9%3.9%3.0%0.9%