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Lone Star Funds said that it was possible that BI-LO could emerge from bankruptcy in the first quarter of 2010. [23] The interior of a BI-LO store in Chattanooga, Tennessee. On May 12, 2010, the company emerged from bankruptcy. [24] BI-LO, ranked by Supermarket News in the Top 75 Retailers, remained under ownership of Lone Star Funds after ...
A former Columbia County BI-LO supermarket could become the only location where you can buy a monkey wrench, then monkey around on adjacent racquet courts. ... to split nearly 50,000 square feet ...
In December 2004, private equity firm Lone Star Funds acquired BI-LO Holdings, which included the BI-LO and Bruno's supermarket chains, from Ahold. [5] In March 2007, Lone Star spun off Bruno's, Food World, and Food Max stores from BI-LO. [6] By March 2009, BI-LO had filed for chapter 11 bankruptcy. [7]
Almost 100 Winn-Dixie, Harveys and BI-LO locations are closing in the Southeast as the grocery chains' parent company prepares to file for bankruptcy.
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It closed down 94 out of 528 of its stores, many of which having related leases rejected and lease rejection claims rendered unimpaired. Southeastern Grocers emerged from bankruptcy in June 2018. [285] The BI-LO brand would eventually cease operation in 2021 with all of its stores sold, rebranded, or outright closed. [286]
In January 2008, three additional Southern Family stores in Alabama were converted to Piggly Wiggly's as well. [8] [9] On April 30, 2009, as part of the Bruno's Supermarkets bankruptcy proceedings, Southern Family Markets agreed to purchase 31 Bruno's locations on a "going concern" basis in a $45.8 million deal.
With a $96.4 million cash bid, its Acme division won the auction for the nearly three dozen grocery stores from KB US Holdings, The Wall Street Journal reported. A backup bidder, TLI Bedrock LLC ...