SALISBURY, NC - Today, Food Lion announced it will be acquiring four BI-LO stores located in South Carolina from Southeastern Grocers, who filed for bankruptcy earlier this year. The transaction is expected to be completed by late May.
"We are so excited to add these four new locations to our network of nearly 70 stores serving the greater Myrtle Beach, Florence, and Columbia areas," said Meg Ham, Food Lion President. "We are part of the fabric of this community. We've been here in these towns and cities nourishing our neighbors and customers for nearly 40 years. With the addition of these four new stores, we have an even greater opportunity to serve more customers with fresh, quality products at affordable prices every day with the caring, friendly service they expect from Food Lion."
According to a press release, the locations include the following:
- 1241 38th Avenue N., Myrtle Beach, SC 29577
- 1610 Highway 17 S, Surfside Beach, SC 29575
- 500 Pamlico Hwy, Florence, SC 29501
- 9003 Two Notch Road, Columbia, SC 29223
All locations will remain open as BI-LO stores until the transaction is complete, pending final approvals.
What other retailers will absorb some of the 94 stores Southeastern Grocers is closing? AndNowUKnow will continue to report.