(Ian Ritter is national online editor for GlobeSt.com/RETAIL.)
JACKSONVILLE, FL-Bankrupt grocer Winn-Dixie has filed its planof reorganization with the US Bankruptcy Court in the MiddleDistrict of Florida and plans to emerge from Chapter 11 around lateOctober. Part of the retailer's plan involves opening an unrevealednumber of stores over the next few years.
The company, which filed for bankruptcy protection 16 monthsago, had 920 stores at the time of its filing and currentlyoperates 527 units in Florida, Alabama, Louisiana, Georgia andMississippi. After its closures it exited the Carolinas, Tennesseeand Virginia. Meanwhile, the company is in the process of sellingits 12 Bahamas units.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
