Bi-Lo to buy Jacksonville-based Winn-Dixie

Started by thelakelander, December 19, 2011, 09:31:03 AM

tufsu1

Quote from: fsujax on December 19, 2011, 10:29:34 AM
oh and I hope they do not do away with fuelperks. that is the only reason I go to WD.

really?  convenience, pricing, and community pride has nothing to do with it

fsujax

ok, maybe community pride. and Stephen I do like their wing bar!

JaxNative68

Quote from: mtraininjax on December 19, 2011, 02:21:44 PM
QuoteJax will have one less F500 company...

Says who? The article I saw from the Business Journal stated that the decision of the HQ would be made after the 2 companies settle the accounts in order. Now is the time for Super Alvin Brown to leap from the tall building known as Everbank Center, and land at 5050 Edgewood Court, for a serious discussion with Peter Lynch.

Seriously, if Brown can, he will do everything in his power to keep the HQ of the company here in Jax. Hey, we were able to merge Atlantic Coastal Lines and Seaboard Coastline and create CSX, we can do this here too.

Maybe a new name, Winn Lo? or Bi Dixie?

'Bi-Dixie' ?!?!  Will their new logo be a confederate flag in rainbow colors?  That should go over well in the south.
(yes, this was meant as a joke, a poor and tasteless one, but a joke)


mtraininjax

There is a really good article about BiLo on one of the Greenville sites, can't remember which, but it stated that BiLo had only 17,000 employees. In fact, they are privately owned by a Dallas Private Equity Firm. They declared bankruptcy a few times since 2000. They even have a Fuel Perks program, looking very much like WDs.

In the end, the "merger" would create 63,000 employees. BiLo's revenue was half that of Winn Dixie, so somebody paid heavily for the merger. In fact, BiLo had made overtures to Publix and Kroger, so that may be the reason for the window dressing.

Even if Kroger or Publix wanted this new "chain", now with GDP at 1.5% growth, is not the time for a growth merger. This merger smells live both needed each other to survive. And like many old growth businesses, this one seems to be fuel for further mergers until there are fewer and fewer big name box stores.
And, that $115 will save Jacksonville from financial ruin. - Mayor John Peyton

"This is a game-changer. This is what I mean when I say taking Jacksonville to the next level."
-Mayor Alvin Brown on new video boards at Everbank Field

ChriswUfGator

Quote from: stephendare on December 19, 2011, 02:27:49 PM
Quote from: tufsu1 on December 19, 2011, 02:26:10 PM
Quote from: fsujax on December 19, 2011, 10:29:34 AM
oh and I hope they do not do away with fuelperks. that is the only reason I go to WD.

really?  convenience, pricing, and community pride has nothing to do with it

Don't forget their excellent downtown restaurant either, TUFSU!

Bwahahahahaahhahaaha