Columbia, SC (WLTX) -- Bi-Lo Holdings Announced A Total of 4 Stores Closing In South Carolina: Three Reid's Groceries and One Bi-Lo Grocery store.
The Jacksonville, FL based company announced Tuesday the closures are among eight total stores they will be closing after receiving Federal Trade Commission approval to acquire the Delhaize America chain of grocery stores, with the divestiture of a number of stores, due in part to close geographic proximity of another one of the company's existing stores.
R. Randall Onstead, president and CEO of Bi-Lo Holdings said in the report "Given the number of stores we are acquiring, we anticipated that we may be asked by the FTC to divest some stores to close the deal. In addition, with the close proximity of some of the Bi-Lo Holdings and Delhaize stores, we also knew that we would have to close a few stores as part of the acquisition,"
The South Carolina stores slated for closure are:
Reid's Grocery #2612
1450 Chestnut St
Orangeburg, SC 29115
Reid's Grocery #2158
2245 Charleston Highway
Cayce, SC 29033
1149 York Street
Aiken, SC 29801
Reid's Grocery #1507
858 Bells Highway
Walterboro, SC 29488
Onstead went on: "we appreciate the many contributions our associates in these stores have made, and we will ensure they are treated respectfully and have the opportunity to pursue other open positions in nearby stores."
In addition to the closures, Bi-Lo Holdings also will sell a number stores, including the Reid's on W. Columbia Ave. in Batesburg, where that is due to be acquired by the W. Lee Flowers And Company, Inc., and to be converted into a KJ's Market IGA.
Delhaize Group additionally announced retention of one South Carolina Reid's Groceries store, located on Elm St. West in Hampton, that will be converted into the Food Lion brand store.