A Bi-Lo store is off Ringgold Road in East Ridge.Bi-Lo’s blockbuster acquisition of the Winn-Dixie grocery store chain is expected to produce lower prices and more variety for customers, Bi-Lo’s chief executive said Monday.
But don’t expect to see Winn-Dixie stores return to the Chattanooga area, said CEO Michael Byars in a telephone interview.
“I don’t see that happening,” he said.
Byars said the deal will provide Bi-Lo, the No. 1 grocer in the Chattanooga area, with about 30 stores, with more options to compete and succeed in the future.
Mauldin, S.C.-based Bi-Lo agreed to buy Winn-Dixie for $560 million, according to the companies.