Baton Rouge, Louisiana
7 Day Forecast
Follow our weather team on social media

ALDI buying out Winn-Dixie locations across southeast U.S. - including in Louisiana

10 months 6 days 2 hours ago Wednesday, August 16 2023 Aug 16, 2023 August 16, 2023 10:38 AM August 16, 2023 in News
Source: WBRZ

BATAVIA, Ill. - Just days before it opens its first location in the Capital Area, ALDI said Wednesday that it would be buying out Winn-Dixie locations in Louisiana and surrounding states. 

It's unclear whether the buyout would constitute a rebranding and transition of Baton Rouge-area stores or a simple refurbishment, but the merger will affect approximately 400 Winn-Dixie and Harvey's locations, another grocery store common in Georgia and Florida.

It is the second major grocery store merger in the works in the Capital Area. Late last year, Kroger announced its intentions to buy Albertsons.

That purchase still requires regulatory approval.

Read the statement from ALDI below:

ALDI today announced it has entered into a definitive agreement to acquire Winn-Dixie and Harveys Supermarket as part of a larger divestiture of Southeastern Grocers to various entities. The acquisition continues the growth of ALDI, expanding its ability to serve the region with great products at the lowest possible prices.

"Like ALDI, Winn-Dixie and Harveys Supermarket have long histories and many loyal customers in the Southeast and we look forward to serving them in the years to come," said Jason Hart, CEO, ALDI. "The time was right to build on our growth momentum and help residents in the Southeast save on their grocery bills. The transaction supports our long-term growth strategy across the United States, including plans to add 120 new stores nationwide this year to reach a total of more than 2,400 stores by year-end."

Despite many retailers shuttering stores due to economic conditions, ALDI is doubling-down on expansion plans, supporting its position as one of the fastest-growing grocers in the country. The Southeast-focused acquisition includes approximately 400 Winn-Dixie and Harveys Supermarket locations across AlabamaFloridaGeorgiaLouisiana and Mississippi.

"This merger agreement is a testament to our successful transformational journey and the tireless work of our dedicated associates who serve our communities," said Anthony Hucker, President and CEO, Southeastern Grocers. "ALDI shares our vision to provide exceptional quality, service and value - and this unique opportunity will evolve our business to benefit our customers, associates and neighbors throughout the Southeast."

The transaction will bring together three trusted brands that share a long-standing commitment to delivering an exceptional grocery experience and making a positive impact in the communities where they operate. ALDI first established its presence in the Southeast in the mid-1990s and since has invested $2.5 billion in the region. Most recently, ALDI deepened its roots in the region, opening its 26th regional headquarters and distribution center in Loxley, Alabama to help support new stores, with plans to open 20 new ALDI locations in the area by the end of the year. Southeastern Grocers established its presence in the region nearly a century ago. From the beginning, its commitments to the customer, caring associates and quality products have made a profound impact in the Southeast.   

"ALDI will operate Winn-Dixie and Harveys Supermarket stores with the same level of care and focus on quality and service, as we also evaluate which locations will convert to the ALDI format to better support the neighborhoods we'll now have the privilege of serving," added Hart. "For those stores we do not convert, our intention is that these continue to operate as Winn-Dixie and Harveys Supermarket stores."


More News

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
7 Days