Correction: An earlier version of this story should have said Southeastern Grocers plans to file Chapter 11 bankruptcy by the end of March.
Southeastern Grocers, parent company of the Winn-Dixie grocery store chain, plans to file Chapter 11 bankruptcy by the end of March and close 94 stores in the coming days, the company announced Thursday.
Those 94 stores closing include 10 Winn-Dixie stores in Alabama.
Southeastern Grocers owns Winn-Dixie, BI-LO, Fresco Y Mas and Harvey’s Supermarket.
“After careful consideration, we have chosen to voluntarily implement a court-supervised, prepackaged restructuring agreement. We have not taken these steps without careful planning and consideration. As part of this restructuring, we have made the difficult but necessary decision to close 94 underperforming stores,” said President and Chief Executive Officer Anthony Hucker.
“It is our goal to work through our financial restructuring as quickly and efficiently as possible, and we will emerge from this process likely within the next 90 days.”
This “restructuring” includes a plans to refinance a revolving credit facility acquired in 2014.
The closing stores’ leases will be rejected, the company said.
Below is a list of the affected Alabama Winn-Dixie locations:
- 2495 Hwy 431, Anniston
- 2220 Bessemer Road, Birmingham
- 3075 Us Hwy 98, Daphne
- 3850 W. Main Street, Dothan
- 2131 Ross Clark Circle, Dothan
- Hwy 59 And 16th Avenue, Gulf Shores
- 2502 Schillinger Rd S., Mobile
- 1134 South Alabama Ave., Monroeville
- 3881 Atlanta Highway, Montgomery
- 21951 D Hwy 59, Robertsdale