BI-LO ~ Question: I wonder if Bi-Lo rainchecks will be honored....assume so > u got opinions on the apparant sale of Bi-Lo 2 Food Lion?

[cpnmaniac44]

according to the report, Bi-Lo would be integrated into the Food Lion system.
Well Bloom is part of the Food Lion system.
I live in upper York County and in nearby Rock Hill there are 4 Food Lion and 3 Bi-Lo's.

>>>> Looking for informative discussions on what would happen there

Close all the Bi-Lo's and sell the buildings to Kroger? Publix?

What about coupons....?....Food Lion stinks and well, you know what we got with Bi-Lo.

And then there is Fort Mill, 1 Bloom, 1 Bi-Lo, and 2 Food Lion (Tega Cay and Indian Land).
Lot's of stores in those two cities, a total of 12 stores. Some would have to go.
I love my Bi-Lo, though they do not triple any more.

Bloom is supposedly an upscale Food Lion and the "prices" reflect that. We know the philosophy of the Food Lion owner's like a limit of TWO on alot of sales and no doubles.
This could be the worst news since Winn Dixie left town.

[cpnmaniac44]

sadly.....what will be, will be......

next time, the news may be that all manufacturers are changing the upc codes from a 5 to a 9.....end of the party.

[nanshaw2001]

Please expound on " according to the report ". This has me a little nervous. I have a great relationship at my BI-lo and a 20 year Bi-lo vet for a manager = probably a good resource for the truth. Please tell us any more that you know. Thanks !

[judystock]

I live in York/Lake Wylie. I would hate to lose our Bi-Lo. I only go to Food Lion when their specials are super good....not very often!

[cpnmaniac44]

Originally Posted by nanshaw2001 Please expound on " according to the report ". This has me a little nervous. I have a great relationship at my BI-lo and a 20 year Bi-lo vet for a manager = probably a good resource for the truth. Please tell us any more that you know. Thanks !

The Associated Press: Belgium's Delhaize in talks for BI-LO assets

Belgian international food retailer Delhaize Group is in talks to buy shops and inventory worth $425 million from South Carolina-based BI-LO, a grocery chain that entered bankruptcy proceedings earlier this year.
In a statement Monday, Delhaize Group said it was in non-binding talks to acquire "a substantial majority" of BI-LO's assets. It said the assets to be acquired had revenue of over $2 billion last year.
Delhaize said it intends to integrate BI-LO's shops into its Food Lion chain of shops. Food Lion has more than 1,300 stores in 11 states with 74,000 employees.
Mauldin, S.C.-based BI-LO LLC is a privately held company that operates 214 supermarkets in South Carolina, North Carolina, Georgia and Tennessee and employs around 15,500 people. It filed for Chapter 11 protection in U.S. Bankruptcy Court in March.
Delhaize said the offer was subject to bankruptcy court approvals and that it hoped to complete a transaction after obtaining a non-appealable sale order from the court.
BI-LO president and CEO Michael Byars confirmed the company had signed a letter of intent, subject to conditions, with Delhaize. He added that some creditors and lenders have put forward alternative restructuring proposals.
"BI-LO remains focused on maximizing the value of the estate for the benefit of all BI-LO stakeholders," Byars said in a statement. "All options for BI-LO remain under consideration and we believe it is important to carefully review our options and determine the most appropriate course of action."


JUST use Google and search Bi-Lo store chain for sale to find articles. I'm sure the details are yet to be worked out but you can easily read from above:
Delhaize said it intends to integrate BI-LO's shops into its Food Lion chain of shops. Food Lion has more than 1,300 stores in 11 states with 74,000 employees

[cpnmaniac44]

Originally Posted by judystock I live in York/Lake Wylie. I would hate to lose our Bi-Lo. I only go to Food Lion when their specials are super good....not very often!

if your 2 stores are close together you may lose one of them. If York can handle another store another chain may come in.
Maybe, they let the Bi-Lo's stay the way they are in every respect and just rake in the profits, BUT, Bi-Lo is declaring bankruptcy. So, the new owners may say DOWN with this doubling of coupons, it's costing us too much money. We want these store to run like Food Lion.

[becca593]

I will be very upset, I'm in Charlotte, I have 2 Bi-Los close and I don't know how many FL, I don't like FL. BiLo atleast doubles every day. HT will just get ALL my shopping.

[cpnmaniac44]

so you see from the article...1300 Food Lions and only 214 Bi-Lo's. I'm in the stock market and watch business all day. Sounds like many Bi-Lo's will close. In cities that have no Food Lion, but they have a Bi-Lo, the Bi-Lo may become a Food Lion.
MAYBE since Super Bi-Lo's seem nicer to me than Food Lions they might make Bloom's out of the Bi-Lo's, at least Bloom triples or super doubles now and then. Or did. They seem to triple every week down near Greenville-Anderson.

WOULD they change alot of the 1300 Food Lion's to Bi-Lo's?
NOOOOO!

[clamre]

That would really stink. Bi-Lo sometimes beats Wal-mart on catfood prices. Food Lion has some great deals but not like Bi-Lo. Ingles doubles up to .50 with restrictions.

[lovelace]

I am so sad