Large Corporations Are Shutting Down Their Stores Throughout The Country

Published on 07/08/2021
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Southeastern Grocers

Supermarkets are also struggling with sales. For example, Southern Grocers, which operates shops like Winn-Dixie, Bi-Lo, and Harveys, stated that 22 locations will close by March 25, 2019. This decision was made less than a year after it emerged from Chapter 11 bankruptcy. During that period, the business was forced to shut 94 shops. Among the three brands it controls, Bi-Lo is likely to suffer the most, with 13 stores closing.

Southeastern Grocers

Southeastern Grocers

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Shopko

Shopko initially revealed plans to close 70% of its shops by May 2019. They subsequently altered their minds and planned to shut all of the shops permanently. Shopko filed into bankruptcy in January 2019, hoping that a buyer would bail it out. Unfortunately, it was unable to find a buyer and attempted to sell all of its inventory. As a consequence, it will shut all of its sites by June 2019.

Shopko

Shopko

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