LA Foods was started in 1990 by Michael (Max) Gold and Mark Davis. The company initially focused on helping manufacturers liquidate institutional foods and ingredients. The strategy was to look for manufacturers’ closeouts, overruns, discontinued lines, close-code dated products, factory seconds and packaging or label changes.
In 1992, LA Foods developed a sales division that concentrated exclusively on liquidating product packaged for retail sale. The retail division has expended rapidly and now includes sales in frozen and dry foods, health and beauty aids, household goods and other general merchandise items. The company’s vendors include many of the largest manufacturers in the world.