Privately owned BI-LO Holdings LLC, which bought Winn-Dixie Stores Inc. last year, is planning an initial public offering later this year, Reuters reported Tuesday. Citing two unnamed sources “familiar with the matter,” Reuters said BI-LO already has hired three investment banks to lead the underwriting group for the IPO. Winn-Dixie spokesman Brian Wright told the […]
Category: Southeast
Posted in, Southeast, Store News
Trader Joe’s Officially Announces South Tampa Site, Others In Fla.
Trader Joe’s has officially announced plans to open a store in South Tampa. The Tampa Bay Times reports that the California-based grocery chain said it has signed a lease to open stores in Tampa as well as Wellington and Orlando in 2014. The Tampa store will be located at 3808 W Swann Ave., former home […]
Posted in, National, Southeast
Alabama Grocers Honor Rep. DeMarco For ‘Buy Alabama’s Best’ Advocacy
Alabama House Rep. Paul DeMarco (District 46) received the Alabama Grocers Association (AGA) Spirit of Alabama Award at the Alabama Grocers Association Annual Convention in Sandestin, Fla., in July. AGA President Ellie Smotherman Taylor presented the honor to DeMarco for his “support in promoting positive and effective legislation for the food industry and for his […]
Posted in, Southeast, Store News
Publix To Enter New North Carolina Markets
Publix Super Markets Inc. this morning said it will enter the Asheville and Cary markets in North Carolina. The Lakeland, Fla.-based supermarket chain plans to open its first North Carolina stores in the Charlotte area next year. The Asheville store, located in Buncombe County, will be at the southeast corner of Hendersonville and Overlook. The […]
Posted in, Albertsons, Independent Store News, Southeast
Rowe’s IGA Supermarket Plans Fifth Jacksonville Store
Supermarket operator Rob Rowe plans to open a fifth Rowe’s IGA Supermarket in the Jacksonville, Fla., area. The Jacksonville Daily Record reports that the store will open in a former Food Lion in West Jacksonville at 8299 W. Beaver St. Rowe said Wednesday the store will open Aug. 28 “if all goes as planned.” Commodore […]
Posted in, Executive News, Southeast
Chief Restructuring Officer Now Running Belle Foods
The father-and-son team that founded Belle Foods in Birmingham just more than a year ago gave up control of the bankrupt grocery chain to New York-based Carl Marks Advisory Group (CMAG) on Monday. CMAG partner, J. Jette Campbell, will be running Belle Foods. Al.com reports that U.S. Bankruptcy Court Judge Jack Caddell ordered the move […]
Posted in, Southeast, Store News
Publix, Target To Anchor New Fontainebleau Square Development In Miami
Regency Centers Corp., a national owner, operator and developer of grocery-anchored and community shopping centers, says the development of Fontainebleau Square, a 320,339-s.f. grocery-anchored community center, will include a Publix Sabor and Target. The project is the company’s first ground-up retail development in Dade County. Located 10 miles west of downtown Miami, Fontainebleau Square will […]
Posted in, National, Southeast
Belle Foods To Sell Remaining 44 Stores As Part Of Agreement With C&S
Belle Foods LLC and C&S Wholesale Grocers Inc. have reached an agreement for debtor-in-possession (DIP) financing to be extended by C&S to Belle, a move that has been approved by U.S. Bankruptcy Court for the Northern District of Alabama. As part of the DIP financing arrangement, Belle agreed to the motion filed with the court […]