Delhaize plans to sell 3 chains to BI-LO

Delhaize Group says it will sell Sweetbay Supermarket, Harveys Supermarket and Reid’s to BI-LO Holding for $265 million. The cash deal for 165 stores, which generated about $1.8 billion in revenue last year, is expected to close in the fourth quarter. Read the Supermarket News story here.

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