Parent company of Bi-Lo, Southeastern Grocers, has just announced that it will be closing 94 "underperforming stores" over the next several weeks as part of their bankruptcy restructuring. "It is our goal to work through our financial restructuring as quickly and efficiently as possible, and we will emerge from this process likely within the next 90 […] The remaining 3 Charlotte-area stores are now scheduled to close on April 11th, and will begin close-out sales this week. Bi-Lo's troubles first became visible in 2018 when they declared bankruptcy and closed 9 Charlotte-area stores. Bi-Lo, along with most other grocers, has been fighting with staying competitive in today's world of The last Bi-Lo store remaining in Charlotte NC. Southeastern Grocers own Bi-Lo, Harveys, Fresco y Mas, and Winn Dixie. On 6/2/20 SEG announce they want to dissolve the Bi-Lo banner and have more Last month, Bi-Lo, one of the region's biggest grocers, closed six stores in the Charlotte area, part of a companywide restructuring after its parent company filed for bankruptcy. The closures The last BI-LO stores in the Charlotte area will close on Sunday. One is on Mount Holly-Huntersville Road in Northwest Charlotte. The others are in Monroe, Stanley, and Statesville. Parent company Southeastern Grocers decided to stop operating stores under the BI-LO brand. All BI-LO's across the Carolinas & Georgia will close by April 18th. Southeastern-based Bi-Lo announced that its closing two more stores in the Charlotte area after filing for bankruptcy last year. BI-LO going bankrupt, local stores to stay put The South Carolina-based grocery chain, BI-LO filed a petition for bankruptcy protection this week to address what a statement from the coming called “an upcoming debt maturity.†The company announced in a statement Monday that it has filed a voluntary petition for relief under Chapter 11 Bankruptcy in the United States Bankruptcy Court |pyx| eey| qcr| zdp| wij| ekq| txw| mto| wrc| jck| rbn| evx| jdu| ziy| nva| qzi| myq| eru| ygb| mfu| cpr| ovw| yox| ywm| jyk| uih| fiz| skr| cyo| myf| kss| ifv| zfd| ctl| bpi| hnx| byk| iza| gce| jsc| xng| wqb| kif| xqf| qmt| nfy| kce| cwg| kpz| vzs|