The world of grocery chains has been weathering an industry-wide downturn in recent years. However, for Smart & Final, 2016 was another year of expansion. The grocery chain added 39 new stores, bringing its total to 305 in seven western states. Join us when Rick Phegley, CFO, Smart & Final, explains his CFO mind-set and explains how the chain is able to maintain pricing that is 8% to 12% less than its archrivals Kroger and Albertsons.
Rick has been with Smart & Final for 20 years, serving as its CFO since 2001. Prior to joining Smart & Final, Rick served in senior treasury, strategic planning, and financial management positions with Atlantic Richfield Company, the international oil and gas firm.