Parent company of Winn-Dixie, Harveys pre-filing for Chapter 11 bankruptcy

Parent company of Winn-Dixie, Harveys pre-filing for Chapter 11 bankruptcy

As part of the restructuring Southeastern Grocers said it will close 94 underperforming stores in Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina and SC.

For frequent shoppers like Rhonda Paul, her quick grocery runs to the Winn-Dixie by her house won't be happening for much longer. 94 stores will close, many of which will have their related leases rejected and lease rejection claims rendered unimpaired.

Winn-Dixie 3500 53Rd Ave.

"If you're not on your game in retailing today, you are going to get eaten for lunch", said Stan Rutstein, a commercial specialist with Re/Max Alliance Group in Bradenton.

Winn-Dixie will also spare one Bonita Springs location and one Fort Myers store.

Wichita State comes up short in NCAA Tournament
Then, Watson elevated for a hard two-handed alley-oop on a pass from Elmore that made it 26-21 with 6:54 left of the first half. The Marshall coach was in a great mood following his team's win, which was the program's first-ever tournament victory.

In February, Bloomberg reported that Southeastern Grocers was considering the closure of almost 200 stores. East in Bradenton and 3 locations in Sarasota; 17th Street, South Tamiami Trail and Clark Road. Those stores include: 53rd Ave. Winn-Dixie has closed several under-performing stores in Central Florida.

Almost a dozen Winn-Dixie stores in the Tampa Bay area will be closing by the end of April. Winn-Dixie stores average about 47,000 square feet. "It will be incumbent on the landlords to find a replacement that has the horsepower to bring the traffic into the center".

The company plans to file for bankruptcy by the end of March, implementing a court-supervised debt restructuring agreement.

The company said the restructuring will reduce its debt by $500 million.

The Jacksonville, Fla. -based parent company of Bi-Lo, Winn-Dixie and other supermarket brands will continue operating throughout this process, and, according to a company statement, "Southeastern Grocers' associates remain focused on exceeding the needs of customers and consistently delivering great service, quality and value in SEG's stores".

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