Southeastern Grocers is the latest retailer rumored to be up for sale.
The Wall Street Journal, citing “people close to the matter” is reporting the Jacksonville, FL-based parent of Winn-Dixie, Harvey’s, and Fresco y Mas is already in talk with prospective buyers.
This follows about a month after Kroger and Albertsons announced a merger, which is currently being reviewed by the Federal Trade Commission.
Southeastern Grocers withdrew its Initial Public Offering last year. The IPO was announced in 2020, two years after the company reorganized in Chapter 11 bankruptcy.
The company has been working on store remodels for the past few years, including 80 in 2021 and 50 planned to occur in 2022.