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March 29, 2015 2:13 PM ET

Food and Staples Retailing

Company Overview of Smith's Food & Drug Centers, Inc.

Company Overview

Smith's Food & Drug Centers, Inc. operates retail stores to sell adult beverage, deli and bakery products, digital photos, entertainment products, floral products, jewelry, fresh produce, gift cards, health and beauty products, meat and seafood, natural foods, no-contract wireless (phones, including android smartphones), and pharmacy products. It also retails baby products, bed and bath products, gourmet cheese, home fashion products, kitchen place products, and toys. The company was founded in 1948 and is based in Salt Lake City, Utah. Smith's Food & Drug Centers, Inc. operates as a subsidiary of The Kroger Co.

1550 South Redwood Road

Salt Lake City, UT 84104

United States

Founded in 1948

11,918 Employees

Phone:

801-974-1400

Fax:

801-974-1450

Key Executives for Smith's Food & Drug Centers, Inc.

President
Age: 62
Chief Financial Officer and Senior Vice President
Age: 58
Vice President of Operations
Chief Executive Officer of Kroger Co
Age: 53
Senior Vice President, Secretary and General Counsel
Age: 67
Compensation as of Fiscal Year 2014.

Smith's Food & Drug Centers, Inc. Key Developments

Smith's Food & Drug Announces to Open Six Stores Converted from the Food 4 Less Banner in the Las Vegas Market on March 4, 2015

Smith's Food & Drug next week will hold opening ceremonies for six stores converted from the Food 4 Less banner in the Las Vegas market. Each of the new stores, set to open under the Smith's banner March 4, received more than $4 million in renovations. More than 800 former Food 4 Less workers have been trained to staff the new stores. Renovations provided the stores with new amenities including pharmacy, deli and bakery counters, service meat and seafood departments, floral selections and self-checkout stations. The new location at 8180 Las Vegas Blvd. will also offer fresh sushi, Boar's Head deli meat, and the first Murray's Cheese in Nevada.

Fry's Food Stores and Smith's Ratify Labor Agreement with UFCW Local 99

The Kroger Co. associates working at Fry's Food Stores and Smith's Food and Drug in Arizona have ratified a new labor agreement with UFCW Local 99 to offer the associates a competitive compensation package. The contracts cover about 14,500 associates working in 120 stores throughout Arizona and Smith's associates working in Kingman, Bullhead City, Ft. Mohave and Lake Havasu.

Smith's Food & Drug Centers Inc. and Union Resume Talks

Negotiations resume between Smith's Food & Drug Centers Inc. and United Food & Commercial Workers Local 1564 to replace a labor agreement that expired on June 7. The 2,200 workers in 25 New Mexico stores represented by the union agreed with the Salt Lake City-based chain to extend the current contract through Aug. 2. Local 1564 accused Smith's in a National Labor Relations Board complaint of negotiating in bad faith. The complaint says the company and union were scheduled to negotiate on consecutive days between June 2 and June 7 in order to reach agreement before the contract expired. In previous negotiations, the union agreed to huge concessions, including reduced holiday pay and reduced health benefits for newer employees to help Smith's compete.

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