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apcowboy


Founder of The Meat Cutter's Club

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Food Lion parent Delhaize sells three grocery chains
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Food Lion parent Delhaize sells three grocery chains for $246M

Jennifer Thomas
Staff Writer-Charlotte Business Journal
 
Food Lion Center Store 3
 
 
Delhaize Group (NYSE:DEG) has sold its Sweetbay, Harveys and Reid’s operations to Bi-Lo Holdings for $246 million in cash.
The Belgian international food retailer completed the deal today.
Details about store locations included in the deal were not provided. Delhaize did not respond to a request seeking further comment.
In a separate $28 million transaction, Delhaize sold its Plant City, Fla., distribution center to C&S Wholesale Grocers.
Delhaize Group operates more than 3,500 stores around the world. Its U.S. division,Delhaize America, is based in Salisbury and operates Salisbury grocery chain Food Lion, which has more than 1,100 locations in 10 states.
 


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Casey1987


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RE: Food Lion parent Delhaize sells three grocery chains
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Bi Lo Holdings now owns Bi Lo-Winn Dixie-Harveys and they changed all the Sweetbay stores in South Florida to Winn Dixie's. And They changed like 10 Harveys over to Winn Dixie's in the South Ga area. Bi Lo Holdings is owned by C & S Wholesale Grocers and funded by Lone Star Funding. Bi Lo closed all the Harveys down for a week at a time to do "remodels" and change to the Bi Lo way and setup pricing. As an owner of 2 small meat shops in South Ga and our main Competition being Harvey's I can say I am thrilled of the changeover. Bi Lo has increased all of the prices in the entire store leading to very fast growth in both of my stores :) so I say thank you Bi Lo holdings & delhaize america. BTW I have worked for both Bi Lo holdings & Delhaize america so I embrace both chains. 



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