SALISBURY, N.C.--(BUSINESS WIRE)--Food Lion announced today that it has entered into a transaction to acquire four BI-LO stores in the Greater Myrtle Beach, S.C., Florence, S.C., and Columbia, S.C., areas from Southeastern Grocers. The locations include:
"We are so excited to add these four new locations to our network of nearly 70 stores serving the greater Myrtle Beach, Florence and Columbia areas," said Food Lion President, Meg Ham. "We are part of the fabric of this community. We've been here in these towns and cities nourishing our neighbors and customers for nearly 40 years. With the addition of these four new stores, we have an even greater opportunity to serve more customers with fresh, quality products at affordable prices every day with the caring, friendly service they expect from Food Lion."
All locations will remain open as BI-LO stores until the transaction is complete, which is expected in late May, pending final approvals.
In addition to its longstanding heritage of low prices, Food Lion makes shopping easy and affordable for customers through its MVP loyalty program, with weekly promotions as well as its newly-launched Shop & Earn monthly rewards program, that provides even greater savings through personalized rewards and special offers on items shoppers buy most. Food Lion also has a convenient mobile app that provides easy access to digital coupons, mobile shopping lists and much more.
Food Lion also will extend its commitment to supporting local communities through its hunger relief philanthropic platform, Food Lion Feeds. As part of today's announcement, Food Lion is donating 60,000 meals, which is 15,000 meals for each new store opening, to the two food banks that serve these communities. They are the Lowcountry Food Bank in North Charleston, S.C., and Harvest Hope Food Bank in Columbia, S.C. Food Lion will also ensure each new store will be assigned a feeding agency partner to receive weekly food donations through the company's food rescue program.
Through Food Lion Feeds, the company has made a commitment to provide 500 million meals to individuals and families in need by the end of 2020. Since the launch of Food Lion Feeds in 2014, Food Lion has already donated more than 380 million meals through in-store campaigns, in-store food rescue programs and associate volunteerism.
About Food Lion
Food Lion, based in Salisbury, N.C., since 1957, has more than 1,000 stores in 10 Southeastern and Mid-Atlantic states and employs more than 63,000 associates. By leveraging its longstanding heritage of low prices and convenient locations, Food Lion is working to own the easiest full shop grocery experience in the Southeast, anchored by a strong commitment to affordability, freshness and the communities it serves. Through Food Lion Feeds, the company has committed to provide 500 million meals to individuals and families in need by the end of 2020. Food Lion is a company of Ahold Delhaize USA, the U.S. division of Zaandam-based Royal Ahold Delhaize Group. For more information, visit www.foodlion.com.