Southeastern Grocers
Southeastern Grocers, the operator of Winn-Dixie, filed for Chapter 11 in the hopes of restricting its debt. It shuttered nearly a hundred stores and paid $600 million in debt. The company wanted to remodel and rebrand the stores that are still in operation, which will hopefully improve the state of things. CNBC said that it is suffering from competition with both Amazon and big-box stores.
Southeastern Grocers
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