Retail Watchers

Thank you!

Pharmacies at the store locations closing have closed. Some CVS Pharmacy locations have acquired the transferred prescriptions.

Thank you for the info Knight.

BI-LO #5164, Port Royal Plaza, 95 Mathews Drive, Hilton Head Island, South Carolina 29926-3734, is closing on or before Monday, 1 July. It opened in 1985.

Further reading

• "Hilton Head grocery store announces it will close at beginning of summer." The Island Packet. 2019-05-31.
• "So why does it hurt when a Hilton Head grocery store says it’s going to close?" The Island Packet. 2019-06-01.

Thanks for the info Knight!

Hello
There seems to be some good in sight here. There was recently a tour of the top folks from the investor group of SEG that came through several of the Charlotte stores “touring both Bilo and Harvey’s”. The management teams and above store leaders alike seem to know little of why but their stress is understandably high as they wonder is this leading to an exit of North Carolina or at least an exit if the Charlotte area?

Time will tell!

Cakerus: do you mean an exit of bi-lo/Harvey
Stores in North Carolina or Charlotte area??

Southeastern Grocers operates 11 stores in North Carolina: ten BI-LO stores and one Harvey's store. Many stores in North Carolina have closed over the years.

I am not optimistic about Southeastern Grocers' future in North Carolina. BI-LO has lost battles to Ingle's and Harris Teeter. I would not be surprised to see a market exit involving a quantity of stores divested and a quantity of stores closed.

Thank you knight

Knight do you think they will make it through 2019 in N.C.

I have my doubts because only 11 stores has to make distribution a cost effective challenge.