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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 ...
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]
C&S created the chain in 2005, when it acquired 104 stores from BI-LO, which operated stores under the BI-LO, Bruno's Supermarkets, Food World, FoodMax and Food Fair brand names. [1] These stores were primarily smaller and older, and frequently found in declining neighborhoods and were converted over to SFM over a period of nearly one year.
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.
The anchor-tenant space for the Petersburg Shoppes retail center was occupied by a BI-LO supermarket from 1999 to 2019, then became a Final Cut outlet selling discounted and remaindered ...
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In July 2010, Winn-Dixie closed 30 underperforming stores and cut 120 roles. [43] Winn-Dixie discontinued its use of the name SaveRite in 2011. [44] December 19, 2011, Winn-Dixie agreed to be sold to BI-LO for $530 million. [45] As part of the deal, Winn-Dixie became a subsidiary of BI-LO but its stores would continue to operate under the Winn ...
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 ...