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Source: SUPERMARKET NEWS, 9/1/20
Southeastern Grocers plans to sell 23 stores under its Bi-Lo and Harveys Supermarket banners to grocery wholesaler and retailer Alex Lee and independent operator B&T Foods. Financial terms of the transaction weren’t disclosed. Southeastern Grocers said Tuesday that Alex Lee is slated to buy 20 Bi-Lo stores, while B&T is purchasing two Bi-Lo locations and one Harveys store. The Bi-Lo stores being sold are in South Carolina (18 locations) and Georgia (four locations), while the Harveys store being sold is in Ridgeland, S.C. For more of this story, click here.
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