The supernatural chain opens smaller boxes in quest for the 1,000-store threshold.
“I’m confident we can achieve our 1,000-store goal. The question will be how quickly can we go?"
— Walter E. Robb, co-CEO
LOS ANGELES — Smart & Final Holdings Corp. here said Ares Management has signed a definitive agreement to acquire a majority stake in the company from Apollo Global Management for an estimated price of $975 million.
The sale is expected to...