Feb
26

Bi-Lo Holdings Announces 4 SC Store Closures

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Bi-Lo Holdings, LLC, parent company of BI-LO and Winn-Dixie supermarket chains, today announced the difficult but necessary decision to close eight of the acquired Delhaize America  and five Bi-Lo Holdings stores due to close geographic proximity. Earlier today both companies announced that they have received approval from the Federal Trade Commission to proceed with the transaction to acquire the Sweetbay, Harveys and Reid’s supermarket chains from Delhaize Group pending the divestiture of 12 stores by Bi-Lo Holdings and Delhaize Group retaining two stores and converting them to the Food Lion banner. The FTC’s approval is pursuant to a consent order accepted by the FTC for public comment on February 25, 2014. The order is subject to final approval by the FTC after the close of a 30-day comment period.

 

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