Bi-Lo selling 7 stores to Publix


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  • | 12:00 p.m. September 16, 2013
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Jacksonville-based Bi-Lo Holdings LLC announced a deal Friday to sell seven Bi-Lo supermarkets in North and South Carolina to Publix Super Markets

Inc.

That followed a Thursday announcement that Bi-Lo is buying 22 stores in South Carolina and Georgia from Piggly Wiggly Carolina Co. Bi-Lo has another deal pending to buy 165 supermarkets from the Delhaize Group.

Bi-Lo Chief Executive Randall Onstead said the deals are part

of a long-term strategy to

refine the company’s store footprint.

“We have and will continue to fine-tune our company and network of stores so that we can reinvest in what matters most for our customers,” he said.

Bi-Lo, which merged with Winn-Dixie Stores Inc. last year, currently has 686 stores in eight Southeastern states.

Lakeland-based Publix has 1,073 stores in five states.

 

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