The Jacksonville Business Journal reports that Southeastern Grocers, which owns Winn-Dixie, is acquiring five of the Florida stores being closed by the now-bankrupt Lucky's Market.
Those stores are in Naples, Fort Meyers, Gainesville, Lake Mary and Melbourne. Terms of the deal were not disclosed.
In addition to this acquisition, Lucky's said that its St. Petersburg store will be acquired by 11-store Hitchcock's Markets, and ethnic grocer Seabra Foods - which has stores in New Jersey, Rhode Island and Massachusetts, as well as one in Florida - plans to buy one in Orlando.
The story notes that "Lucky's has previously announced deals with German discount grocer Aldi and Lakeland-based Publix Super Markets Inc. for 11 of its Florida stores, including the Neptune Beach store going to Publix."
Those stores are in Naples, Fort Meyers, Gainesville, Lake Mary and Melbourne. Terms of the deal were not disclosed.
In addition to this acquisition, Lucky's said that its St. Petersburg store will be acquired by 11-store Hitchcock's Markets, and ethnic grocer Seabra Foods - which has stores in New Jersey, Rhode Island and Massachusetts, as well as one in Florida - plans to buy one in Orlando.
The story notes that "Lucky's has previously announced deals with German discount grocer Aldi and Lakeland-based Publix Super Markets Inc. for 11 of its Florida stores, including the Neptune Beach store going to Publix."
- KC's View:
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One of the interesting things in the story is the note that the Lucky's stores are smaller than the units that Southeastern Grocers operates, which suggests that maybe the latter is thinking about some new sort of format to serve these communities … which could mean that it is looking at this move as not just an acquisition, but an opportunity to do something different, something relevant, something resonant. As opposed to, say, just trying to squeeze 20 pounds of flour into a 15-pound bag.
