Bi-Lo could be up for sale again
By WRCB Staff
CHATTANOOGA (WRCB) -- Bi-lo Grocery stores could, once again, be for sale.
The chain just emerged from Chapter 11 bankruptcy protection in May.
Lone Star bought the stores in 2005 and tried to sale the chain before the bankruptcy filing, but was unable to find a buyer.
A source says Kroger and Publix have shown interest in purchasing the chain, officials for both companies will not comment.
In October, Food Lion's parent company was in talks to purchase some one Bi-lo's stores and inventory.
Bi-lo operates 207 stores in Tennessee, Georgia and the Carolinas.