Southeastern Grocers selling 62 stores to Food Lion, dissolving Bi-Lo banner

Food Lion is planning to acquire 46 Bi-Lo and 16 Harveys Supermarket stores in North Carolina, South Carolina and Georgia from Southeastern Grocers (SEG). This is part of SEG’s larger plan to no longer operate stores under the Bi-Lo banner, but instead invest in its Fresco y Más, Harveys Supermarket and Winn-Dixie banners. Read the story here

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