Piggly Wiggly to acquire locations from Southeastern Grocers
Piggly Wiggly is making a move that will expand the brand’s presence in South Carolina and Georgia.
Three independent Piggly Wiggly store owners, in conjunction with C&S Wholesale Grocers, have entered into an agreement with Southeastern Grocers to acquire three Bi-Lo stores in South Carolina, and three Harveys Supermarkets in Georgia. This arrangement coincides with Southeastern Grocers’ restructuring support agreement announced on March 15, 2018.
The transactions, which must meet customary closing conditions, are expected to close by the end of April. Upon completing the transaction, the acquired stores will be rebranded under the Piggly Wiggly banner name.
Piggly Wiggly stores in South Carolina and Southeast Georgia are independently owned and operated, but they are supported and supplied by C&S Wholesale Grocers. Through this conversion, C&S will service 50 Piggly Wiggly locations across both states.
“Our independent owners are excited to grow their existing store count and expand the Piggly Wiggly brand in the Southeast,” said John Owens, VP of marketing and merchandising in the Southeast for C&S Wholesale Grocers.
Southeastern Grocers filed for bankruptcy protection on March 27.
Three independent Piggly Wiggly store owners, in conjunction with C&S Wholesale Grocers, have entered into an agreement with Southeastern Grocers to acquire three Bi-Lo stores in South Carolina, and three Harveys Supermarkets in Georgia. This arrangement coincides with Southeastern Grocers’ restructuring support agreement announced on March 15, 2018.
The transactions, which must meet customary closing conditions, are expected to close by the end of April. Upon completing the transaction, the acquired stores will be rebranded under the Piggly Wiggly banner name.
Piggly Wiggly stores in South Carolina and Southeast Georgia are independently owned and operated, but they are supported and supplied by C&S Wholesale Grocers. Through this conversion, C&S will service 50 Piggly Wiggly locations across both states.
“Our independent owners are excited to grow their existing store count and expand the Piggly Wiggly brand in the Southeast,” said John Owens, VP of marketing and merchandising in the Southeast for C&S Wholesale Grocers.
Southeastern Grocers filed for bankruptcy protection on March 27.