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BUSINESS
October 2, 1989 | HARRY ANDERSON, Times Staff Writer
You can tell a lot about a place by knowing a little about the people who started the best-known businesses there. The knowledge tells you, for instance, what it has taken to succeed and survive in the local economy. Although Southern California is sometimes accused of having a short memory about its past, not all its businesses have been flashes in the pan. In fact, it has no shortage of long-established, successful companies.
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BUSINESS
April 13, 2004 | From a Times Staff Writer
Commerce-based grocery company Smart & Final Inc. reported fiscal first-quarter net income of $6.2 million, or 20 cents a share, compared with $163,000, or 2 cents, a year earlier. The results included the effects of discontinued operations. Sales surged 19% to $423.5 million for the period ended March 21. The company credited the increase in part to the strike-lockout at the three major supermarket chains that sent shoppers to other markets, including Smart & Final.
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BUSINESS
February 23, 2000 | Bloomberg News
Home Depot Inc. said its fourth-quarter profit jumped 38% to $578 million, or 25 cents a share, a penny better than expectations, as sales grew 26% to $9.17 billion. Limited Inc.'s profit from operations rose 37% to $294.9 million, or $1.31 a share, well beyond the $1.18 a share analysts expected, on a 4.9% rise in sales to $3.29 billion. Limited also said it plans to buy back up to $200 million of its shares. Smart & Final Inc. posted fourth-quarter operating earnings of $5.
BUSINESS
February 20, 2003
Smart & Final Inc. reported fourth-quarter net income of $1.5 million, or 5 cents a share, compared with $3.9 million, or 13 cents, in the year-earlier period. Sales increased 4% to $467.8 million.
BUSINESS
February 20, 2003
Smart & Final Inc. reported fourth-quarter net income of $1.5 million, or 5 cents a share, compared with $3.9 million, or 13 cents, in the year-earlier period. Sales increased 4% to $467.8 million.
BUSINESS
July 11, 1996 | Times Staff and Wire Reports
Smart & Final Earnings Nearly Double: The Los Angeles-based operator of nonmembership grocery warehouse stores earned $6.3 million, or 30 cents a share, in the second quarter, a 99% increase over the same period in 1995. The company said earnings during the quarter a year ago were lower partly because of $2.1 million in costs associated with the opening of a distribution facility in Northern California. Same-store sales, or revenue from stores open at least 12 months, rose 4.2%.
BUSINESS
July 18, 1991 | Chris Woodyard / Times staff writer
Move by Smart & Final: Smart & Final, which bills itself as "the oldest and largest warehouse (grocery) chain in the country," is moving its store in South County about 3 miles from Laguna Hills to El Toro. Opening July 29, the new store on El Toro Road is nearly twice as large as the former store, said the Los Angeles-based chain's chairman, Robert J. Emmons. The extra space has allowed the chain to broaden its product selection.
BUSINESS
August 1, 1989 | HARRY BERNSTEIN
Your job may be a world apart from that of the striking U.S. coal miners, but you almost certainly share at least one increasingly serious problem with the embattled miners: the difficulty in getting and keeping adequate, often urgently needed, medical care after retirement.
CALIFORNIA | LOCAL
September 9, 1994 | KEN ELLINGWOOD, TIMES STAFF WRITER
Flames more than 50 feet high destroyed a La Habra Smart & Final store in minutes Thursday morning, causing more than $1.5 million in damage and wiping out one of the city's more popular stores. A firefighter suffered a minor shoulder injury when a light fixture fell as he crawled through the smoke. He returned later to watch wearing a blue hospital shirt and his firefighter's gear. A store employee was treated for chest pains but recovered.
BUSINESS
May 5, 1999 | JAMES PELTZ, TIMES STAFF WRITER
There are deep discounts available these days at Smart & Final Inc.--for the company's stock. As the chain of warehouse-style grocery stores struggles to turn itself around, Smart & Final's shares so far aren't recovering from a disastrous slide in mid-1998, when they plunged 60% to less than $10 as problems mounted. And since October, the stock has treaded water. It closed Tuesday at $10.56 a share, up 38 cents for the day, in New York Stock Exchange composite trading.
BUSINESS
February 23, 2000 | Bloomberg News
Home Depot Inc. said its fourth-quarter profit jumped 38% to $578 million, or 25 cents a share, a penny better than expectations, as sales grew 26% to $9.17 billion. Limited Inc.'s profit from operations rose 37% to $294.9 million, or $1.31 a share, well beyond the $1.18 a share analysts expected, on a 4.9% rise in sales to $3.29 billion. Limited also said it plans to buy back up to $200 million of its shares. Smart & Final Inc. posted fourth-quarter operating earnings of $5.
BUSINESS
May 8, 1999 | JAMES F. PELTZ
There are deep discounts available these days at Smart & Final Inc.--for the company's stock. As the chain of warehouse-style grocery stores struggles to turn itself around, Smart & Final's shares so far aren't recovering from a disastrous slide in mid-1998, when they plunged 60% to less than $10 as problems mounted. And since October, the stock has treaded water. It closed Friday at $11.81 a share, up 19 cents for the day, in New York Stock Exchange composite trading.
BUSINESS
May 5, 1999 | JAMES PELTZ, TIMES STAFF WRITER
There are deep discounts available these days at Smart & Final Inc.--for the company's stock. As the chain of warehouse-style grocery stores struggles to turn itself around, Smart & Final's shares so far aren't recovering from a disastrous slide in mid-1998, when they plunged 60% to less than $10 as problems mounted. And since October, the stock has treaded water. It closed Tuesday at $10.56 a share, up 38 cents for the day, in New York Stock Exchange composite trading.
BUSINESS
July 11, 1996 | Times Staff and Wire Reports
Smart & Final Earnings Nearly Double: The Los Angeles-based operator of nonmembership grocery warehouse stores earned $6.3 million, or 30 cents a share, in the second quarter, a 99% increase over the same period in 1995. The company said earnings during the quarter a year ago were lower partly because of $2.1 million in costs associated with the opening of a distribution facility in Northern California. Same-store sales, or revenue from stores open at least 12 months, rose 4.2%.
CALIFORNIA | LOCAL
September 9, 1994 | KEN ELLINGWOOD, TIMES STAFF WRITER
Flames more than 50 feet high destroyed a La Habra Smart & Final store in minutes Thursday morning, causing more than $1.5 million in damage and wiping out one of the city's more popular stores. A firefighter suffered a minor shoulder injury when a light fixture fell as he crawled through the smoke. He returned later to watch wearing a blue hospital shirt and his firefighter's gear. A store employee was treated for chest pains but recovered.
BUSINESS
August 18, 1992 | ANDREA MAIER and BRUCE HOROVITZ, TIMES STAFF WRITERS
Smart & Final Inc., the grocery warehouse chain, will open six new stores in riot-torn areas of Los Angeles as part of a $50-million expansion plan that also includes development of two new shopping centers in the inner city. The Vernon-based chain, which now operates 120 stores selling bulk foods and other items at discount prices, will break ground Wednesday for a new supermarket along a riot-beaten section of Crenshaw Boulevard. The $1.
BUSINESS
May 8, 1999 | JAMES F. PELTZ
There are deep discounts available these days at Smart & Final Inc.--for the company's stock. As the chain of warehouse-style grocery stores struggles to turn itself around, Smart & Final's shares so far aren't recovering from a disastrous slide in mid-1998, when they plunged 60% to less than $10 as problems mounted. And since October, the stock has treaded water. It closed Friday at $11.81 a share, up 19 cents for the day, in New York Stock Exchange composite trading.
BUSINESS
April 28, 1992 | JOHN LIPPMAN, TIMES STAFF WRITER
It's 9 a.m. and Joan Rahtz is piloting a couple of stuffed shopping carts through the crowded aisles of a Smart & Final store in Pasadena. As administrator of a law office, she's loading up on staples such as a three-pound bag of Super Snax Mix and a 24-can case of Diet Coke, to be kept on hand for visiting clients. "We probably come here once a month for things like napkins, cleaning supplies, soda and juices," she says.
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