Winn-Dixie is becoming a boxer that refuses to get knockedout.After newslast week that competitor Publix is buying 49 stores fromAlbertsons, Winn-Dixie chairman Peter Lynch released a statement saying that the move won't impact his chain, as amajority of its stores are close enough.After emergingfrom bankruptcy in 2006 and closing about 400 stores, Winn-Dixiehas focused on renovating its existing 520 units. Sales have heldup well: Same-store sales were up a respectable 2.2% year over yearduring its latest quarter, while net income came in at $15million.We've been impressed with the way the leaner chain hasbounced back, considering that many in the industry were sayingthey didn't expect the grocer to survive.Do you have any insightinto what they're doing correctly, or do you think we're completelydisillusioned and that Winn-Dixie's fortunes won't last?

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