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Southeastern Grocers (formerly Bi-Lo Holdings) was an American supermarket portfolio headquartered in Jacksonville, Florida.The portfolio was created by Lone Star Funds in September 2013 as the new parent company for Harveys, Winn-Dixie, and Fresco y Más.
The brand had 150 stores at its peak, predominantly on the West Coast. Anchor Blue declared bankruptcy in 2009 and shuttered more than 50 stores, and gradually shrank to include stores solely in California. It went bankrupt once more in 2011, with the remaining stores closed before Easter of that year. [48]
After managing to survive for 165 years things went south for the supermarket giant in a big way in 2015. Industry watchers say the company was unable to evolve with the times and was crippled by ...
In February, Payless filed for bankruptcy and said it would close all of its 2,500 U.S. locations. The move came after an initial bankruptcy filing in 2017, which was accompanied by about 700 ...
2017 is set to go down as the year of the retail apocalypse. Brick-and-mortar chains have announced more store closings this year than any other on record. 15 retailers that went bankrupt in 2017
The chain filed for its second bankruptcy and liquidation on August 7, 2019, [13] closing the remaining 54 stores [14] with plans to auction its intellectual property. [15] ALDO filed for bankruptcy on May 7, 2020, citing repercussions related to the COVID-19 pandemic as to why. [16] The shoe chain emerged from bankruptcy two years later. [17]
Here are 12 well-known companies that went bankrupt in 2024. Jordan Valinsky, CNN. December 22, 2024 at 7:00 AM. ... Years of underinvestment in its marketing, food quality, service and restaurant ...