Around the Net
Food Lion To Reduce Southeast Presence
- Supermarket News, Monday, January 30, 2012 9:50 AM
Food Lion will close 113 stores in several markets throughout the Southeast, and convert 64 Bloom and Bottom Dollar stores to Food Lion. That shifts the retailer’s geographic concentration to skew more heavily to its northernmost markets and opens up market-share opportunities for rivals in the South.
Of the Food Lion closures, almost three-fourths are located in Tennessee, Georgia and Florida. The 25 Florida closures — plus one conversion of a Food Lion to Harvey’s in Lake City — will pull the Food Lion banner out of Florida completely.
