(WFLA) - Winn-Dixie's parent company, Southeastern Grocers, announced it is closing 94 underperforming stores to help reduce the company's current debt load.
A statement from the company's website reads:
After careful consideration, we have chosen to voluntarily implement a court-supervised, prepackaged restructuring agreement. We have not taken these steps without careful planning and consideration. As part of this restructuring, we have made the difficult but necessary decision to close 94 underperforming stores. It is our goal to work through our financial restructuring as quickly and efficiently as possible, and we will emerge from this process likely within the next 90 days.
The following stores will be closing in the Tampa Bay area:
- 6180 U.S. Highway 41 North, Apollo Beach
- 3500 53rd Ave. West, Bradenton
- 2126 Collier Parkway, Land O' Lakes
- 7625 Blind Pass Road, St. Petersburg
- 3301 17th Street, Sarasota
- 1325 S. Tamiami Trail, Sarasota
- 2881 Clark Road, Sarasota
- 2525 E. Hillsboro Avenue, Tampa (Harveys Supermarket)
- 2525 N. Dale Mabry, Tampa
- 4317 Gandy Blvd, Tampa
The company hopes to reduce its debt by more than $500 million through this restructuring, filing for bankruptcy by the end of March.
The company will still operate 582 stores under the Winn-Dixie, Bi-Lo, Harveys Supermarkets, and Fresco y Más brands.
Southeastern Grocers has stores in seven Southeasts states--Florida, Georgia, Louisiana, Mississippi, Alabama and both Carolinas.