![]() In 1997, Smith's Food & Drug was acquired by Portland-based Fred Meyer for about $700 million (equivalent to $1.13 billion in 2020) in stock. In 1996, Smith's acquired the Arizona supermarket chain Smitty's Supermarkets. In 1989 the company completed its initial public offering and shares of the company started trading on the New York Stock Exchange. After his death, his eldest son Fred Smith, ran the chain until later, when his brother Jeff Smith became the chairman and CEO of Smith's. Through partnerships and acquisitions, Dee Smith built the company until his death at age 58 in 1984. When Dee Smith took over as president upon his father's death in 1958, he discovered Brigham City was saturated, and felt the only option was to expand to other markets. It changed its name to Smith's Super Market in 1952. The company's growth ramped up significantly from 1946 onward. ![]() When his son Dee Glen Smith joined the business after serving in World War II, he began immediately expanding it. ![]() It was replaced with a larger store across the street in 1922 and renamed "Smith & Son's Market" in 1932. Smith's Food & Drug began in 1911 when Lorenzo Smith opened a small dry goods store in Brigham City, Utah. 4 Smith's Fuel Center and Smith's Express.
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