A regional supermarket chain is reportedly planning to close up to 200 shops as its parent company prepares to file for bankruptcy.
Bi-Lo LLC, the parent company of Winn-Dixie, is preparing a potential bankruptcy filing as soon as next month, people with knowledge of the situation told Bloomberg.
Winn-Dixie will shutter close to 200 locations either before or after the filing, one person with knowledge of the situation told Bloomberg.
There are currently roughly 500 Winn-Dixie locations in the Southeastern part of the US, primarily in Florida.
Winn-Dixie has struggled in recent years, with the chain previously filing for bankruptcy in 2005 and 2009. Bi-Lo acquired Winn-Dixie in 2012.
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