Three locations in Jacksonville and one in Orange Park, Florida will be part of the first group of closings, the company said. Taking this step was critical to our future and the long-term health of our business.
The company said it hopes to complete entire bankruptcy and closure process within 90 days.
According to the company, the restructuring will decrease overall debt levels by over $500 million and maintain its strong liquidity position under the new post-emergence Revolving Credit Facility.
Dozens of stores will be closed in South Carolina, Alabama, Georgia and North Carolina, along with a few stores in MS and Louisiana.
Southeastern Grocers operates about 21 Bi-Lo stores in the Charlotte area.
Greenville and Spartanburg BI-LO grocery stores are among six of the 94 underperforming stores that will be closed in the Southeast. "We will continue every day to provide our associates with a great place to work and our customers with a store experience they can count on".
Mario Kart Google Maps Easter Egg Guides You For Mario Day
Once you tap this, you'll be prompted with "Oh yeah!" The Google Maps-Mario Kart mashup will be available until March 17. However, do be careful not to share any personal information you don't want others to see, such as your home address.
Walmart significantly expanding online delivery program
Jet now offers grocery delivery in some markets through traditional mailing services such as Federal Express, the article noted. However, with both grocery pickup and delivery, Walmart is able to leverage its square footage to its advantage.
Federer fends off Frenchman Chardy at Indian Wells
Daria Kasatkina routed former world No. 1 Angelique Kerber 6-0, 6-2 to reach the semifinals of the BNP Paribas Open . Halep moves on to the semi-finals where she will face either Japan's Naomi Osaka or fifth seeded Karolina Pliskova.
NRA sues to block new Florida gun bill
The state's main teacher union has been at odds with the Republican-controlled Legislature for years. Al Hoffman Jr., a real estate developer who served as Ambassador to Portugal under George W.
Consumer inflation less threatening in February, CPI shows
Excluding volatile food and energy prices, the CPI was up 0.2% for the month and 1.8% annualized, unchanged from a month ago. Helping to keep inflation in check was a 0.5% drop in the cost of new cars and trucks, the biggest decline since 2009.
Britain Launches Murder Inquiry Into Death Of Russian Man
A post mortem found Glushkov died from a compression to the neck - but have not linked the murder to the Salisbury attack. He had been expected in commercial court on the morning of his death to defend a claim made against him by Aeroflot .