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Food Lion to Acquire 62 Southeastern Supermarkets

62-store acquisitions are from BI-LO and Harveys Supermarkets in North Carolina, South Carolina and Georgia.
June 4, 2020
2 min read
Food Lion
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SALISBURY, N.C., June 03, 2020 (GLOBE NEWSWIRE) -- Food Lion announced today it has entered into a transaction to purchase 62 BI-LO/Harveys Supermarket stores in North Carolina, South Carolina and Georgia from Southeastern Grocers. Food Lion sources said the addition of these stores will deepen the company’s ability to serve more customers with fresh and affordable products to nourish their families.

“We are so excited to add these new locations to our more than 630 stores across Georgia and the Carolinas,” said Food Lion President Meg Ham. “We’ve been serving customers in these larger regions for almost 60 years. We’re thrilled to add these locations and serve even more towns and cities across these three states with fresh, quality products at affordable prices every day with the caring, friendly service customers expect from their local Food Lion.”

Food Lion expects to hire more than 4,650 associates to serve customers at the 62 new stores.

The stores will remain open as BI-LO and Harveys Supermarket until the transaction is complete, which is expected to take place over a staggered period from January to April 2021, pending regulatory approval and customary closing requirements. Food Lion plans to operate all the stores under the Food Lion banner.

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