TAKING A HYBRID TO THE NEXT LEVEL

LOS ANGELES -- Smart & Final here has a clearer focus these days.That focus is squarely on its 182 non-membership warehouse stores and 46 cash-and-carry locations rather than on the food-service operations that have sapped much of management's time and the company's profits for the last few years."Everyone talks about value suppliers as being in the best position going forward, and we're clearly a

LOS ANGELES -- Smart & Final here has a clearer focus these days.

That focus is squarely on its 182 non-membership warehouse stores and 46 cash-and-carry locations rather than on the food-service operations that have sapped much of management's time and the company's profits for the last few years.

"Everyone talks about value suppliers as being in the best position going forward, and we're clearly a very solid value supplier," Ross Roeder, chairman and chief executive

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