Food City to pay $8.4M to settle opioids-related allegations
Abingdon-based K-VA-T Food Stores, operator of the Food City supermarket chain, has agreed to pay more than $8.4 million to the federal government to settle allegations under the False Claims Act (FCA) related to dispensing opioids and other controlled substances. The U.S. Department of Justice announced the agreement with K-VA-T Food Stores Monday, In a statement, […]
Retail | Wholesale | Food | Beverage 2023: STEVEN C. ‘STEVE’ SMITH
Smith is carrying on his family’s legacy at the helm of K-VA-T, the Southwest Virginia operator of Food City supermarkets. His father, Jack C. Smith, grew the K-VA-T empire from a single Piggly Wiggly store opened in Grundy in 1955. Steve Smith joined the family business after graduating from James Madison University in 1979, becoming […]