Tuesday, March 27, 2018

Winn-Dixie and Bi-Lo operator Southeastern Grocers files for bankruptcy

Reuters

Southeastern Grocers LLC, the Florida-based operator of supermarket chains Winn-Dixie and Bi-Lo, said on Tuesday it filed for Chapter 11 bankruptcy protection to restructure debt.

The company said earlier this month it planned to file for bankruptcy and will close 94 underperforming stores.. . . more