Southeastern Grocers (formerly Bi-Lo Holdings) is an American supermarket portfolio headquartered in Jacksonville, Florida.
The portfolio was created by Lone Star Funds in September 2013 as the new parent company for Harveys, Winn-Dixie, and Fresco y Más.
[13] 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.
[19][20] On August 19, 2014, Southeastern Grocers withdrew its IPO filing with the SEC, aborting the process of listing the stock for public sale.
[23] In October 2015, Southeastern Grocers laid off 250 workers at its support offices in a move said to improve efficiency and invest in service and value for customers.
[24][25] In June 2016, Southeastern Grocers converted a Winn-Dixie location in Hialeah, Florida to Fresco y Más, it's new brand that features an expanded Hispanic product assortment, a full-service Latin butcher shop, and Cocina.
[26] In December 2016, an additional five Winn-Dixie locations in Miami-Dade and Palm Beach counties were converted to the Fresco y Más banner.
On August 10, 2017, Southeastern Grocers announced that it had appointed Anthony Hucker as President and CEO, effective immediately.
Anthony, who joined Southeastern Grocers in February 2016, had served as Interim President and CEO since July 1, 2017, following McLeod's departure.
[41] The week of April 30, Publix announced it would acquire the lease, fixtures, equipment, permits, and licenses for the Seneca, South Carolina BI-LO location that was slated to close, while an independent Piggly Wiggly operator announced that they would reopen the Montgomery, Alabama Winn-Dixie location that closed.
[42][43] 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 Grocers sold 62 stores, including 46 BI-LO and 16 Harveys Supermarkets, to Ahold Delhaize, the successor to the company that previously owned the brand.
In the same announcement, 2 additional BI-LO and one Harvey's Supermarket location in South Carolina would be sold to independent operator B&T Foods.
Both Aldi and SEG leadership will continue to work together closely to ensure there is a smooth transition, with dedicated leaders both overseeing the store conversion and hiring processes.