[4] In August 1990, BI-LO purchased the flagship store of rival Community Cash located in Spartanburg, South Carolina.

[5] In February 1994, Ahold purchased Red Food Stores, Inc. and merged its 55 locations in Georgia, Alabama, and Tennessee into BI-LO the following year.

[2] In 1998, the company sponsored the construction of the BI-LO Center, now named the Bon Secours Wellness Arena in Greenville, South Carolina.

[10] In September 2001, Ahold purchased the Birmingham, Alabama based Bruno's Supermarkets chain and combined its operations with BI-LO.

[16] On March 21, 2007, Lone Star Funds announced the corporate spin-off of the 67 Bruno's Supermarkets and Food World stores from BI-LO LLC into a separate company to be based out of Birmingham.

The company secured a $100 million loan from GE Capital in order to continue paying wages, salaries, benefits, suppliers, and vendors.

[21][22] In November, the company outlined its restructuring to the U.S. Bankruptcy Court, with Lone Star Funds providing a $350 million cash infusion.

[24] BI-LO, ranked by Supermarket News in the Top 75 Retailers, remained under ownership of Lone Star Funds after restructuring.

[25][26] BI-LO was reportedly put up for sale in August 2010; Kroger and Publix were said to be interested in acquiring the chain,[27] but nothing developed from these rumors.

[31][32] In September 2013, Southeastern Grocers was created by Lone Star Funds as the new parent company for BI-LO, Harveys, and Winn-Dixie.

The new parent company then filed to raise as much as $500 million in a U.S. initial public offering and list its common stock under the "SEG" symbol.

[33] On August 19, 2014, Southeastern Grocers withdrew its IPO filing with the SEC, aborting the process of listing the stock for public sale.

[43] On April 30, 2018, Publix announced they would acquire the lease, fixtures, equipment, permits, and licenses for the Seneca, South Carolina BI-LO location slated to close as part of the original restructuring plan.

[44] Two of the BI-LO locations originally closed as part of the bankruptcy reorganization in April 2018, Ladson and Mullins, South Carolina, were acquired by another independent Piggly Wiggly owner and would be reopened in June 2018.

As part of an effort to reach that goal, Southeastern agreed to sell 62 stores, including 46 BI-LO and 16 Harveys Supermarkets, to Ahold Delhaize subsidiary Food Lion.

[53] Throughout late 2004 and 2005, the company gradually phased out its "BI-LO" private label for its store products and replaced it with new packaging and a new name, "Southern Home", which began also being offered at Harveys Supermarkets locations after Southeastern Grocers' acquisition of the chain from Delhaize.