Aldi has closed on its purchase of Jacksonville-based Southeastern Grocers -- including 400 Winn-Dixie and Harveys supermarkets in the southern U.S. The acquisition was announced last August.
Aldi said that it will convert a significant number of Winn-Dixie and Harveys Supermarket locations to its format over the next several years. The Southeastern Grocers headquarters will remain in Jacksonville’s Baymeadows area.
Aldi is based in Germany with a U.S. headquarters in Batavia, Illinois. The company plans to add 800 of its discount grocery stores across the U.S. in a five-year expansion plan that includes the conversion of the Southeastern Grocers stores.Aldi cuts costs by featuring a limited selection of itemsBut analysts say the acquisition could also be an opportunity for Aldi to experiment with more traditional grocery stores, so it’s unclear exactly what will change in the conversions.
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