The Winn-Dixie and Harveys supermarkets it’s acquiring are primarily in Alabama, Florida, Georgia, Louisiana and Mississippi.
Aldi said it will convert some locations to its own brand and format, which cuts costs with features like lean inventories and self-bagging. But it will operate some stores under the Winn-Dixie and Harveys brands.
The deal comes amid wider consolidation in the grocery industry as customers increasingly defect to big box stores like Walmart, which controls more than 20% of U.S. grocery sales. Last fall, in a $20 billion deal. Regulators are reviewing that plan now; if it’s approved, it is expected to close early next year.
Southeastern Grocers also plans to sell its 28 Fresco y Mas stores to Fresco Retail Group, an investment company, which will continue to operate them under the same brand.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ALDI to acquire Winn-Dixie, Harveys grocery storesThe stores that are not converted to ALDI will continue to be operated as Winn-Dixie or Harveys stores.
Read more »
Supermarket Shakeup: ALDI acquires Winn-Dixie parent Southeastern GrocersAround 400 grocery stores around the U.S. Southeast will undergo a change of command, or even branding, after a major acquisition by the ALDI supermarket company.
Read more »
Aldi Cares, Northern Illinois Food Bank sending food to Hawaii to help those devastated by wildfiresA big effort was underway in the western suburbs Tuesday night.
Read more »
Shopify App Store is maturing and competition is growingShopify's ecosystem is about to face a major test: Large partners like Klaviyo are eying an IPO, while smaller startups may struggle to compete
Read more »
Police release new video of ATM robbery at North Philadelphia convenience storePhiladelphia Police have released new video of the moment two suspects dragged an ATM right out of a convenience store in North Philadelphia on August 1.
Read more »
Girls aged 13, 14, 15 years old among 6 suspects arrested in San Francisco store burglarySix burglary suspects, including three teens aged 13, 14 and 15 years old, were arrested after a business in San Francisco was burglarized by a large group of suspects, police said Monday.
Read more »