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The Street reports that Smart & Final plans to open 100 new stores over the next four years in the western US, a region that has been marked by considerable competition.

"The reason we can compete the way we do as a value retailer is because we have a really low cost structure," says CEO David Hirz. "Our stores are smaller than most at 25,000 feet, they're high productivity, no service departments, and we price really competitively in the markets, so we think value is the new normal."
KC's View:
Smart & Final actually has a firm understanding of its own value proposition and the values that it espouses as the company grows. There's no reason to think that these expansion plans won't be successful ...