Search results
Results From The WOW.Com Content Network
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 ...
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 Columbia County Planning Commission is scheduled to consider a request from developer Doug Cates and architect Peter Slavovsky to split nearly 50,000 square feet of the vacated grocery store ...
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]
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]
For premium support please call: 800-290-4726 more ways to reach us
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-Dixie name. [46] The merger was completed in March 2012, making Winn-Dixie a subsidiary of Bi-Lo Holdings, ending 67 years of Davis family ownership.
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 ...