Quick Stats

Quick Stats

    You are here

    Bottom Dollar Stores for Sale?

    Several discount retailers ID’d as potential buyers

    By Bridget Goldschmidt, Stagnito Business Information

    Delhaize America's Bottom Dollar Food discount grocery store chain could be up for sale, according to published reports. The banner currently consists of 66 stores in Pennsylvania, southern New Jersey and Ohio.

    According to an industry observer who requested anonymity, the report of the potential Bottom Dollar divesture would bode well for the aggressively expanding Aldi, as well as its Germany-based top competitor, Lidl, which is reportedly considering a North American expansion. The source PG spoke with also cited Walmart, which has been trying to expand its smaller Neighborhood Market concept stores, as a potential buyer of the Bottom Dollar stores, while further dismissing Pittsburgh-based Giant Eagle and Supervalu – which also has a Pittsburgh-based division that supplies its western Pennsylvania regional Save-A-Lots and independently owned Shop 'n Save stores – as serious contenders.

    Brussels-based Delhaize Group, Delhaize America's parent company, sold its Sweetbay, Harveys and Reid’s chains to Jacksonville, Fla.-based Bi-Lo Holdings in June, and in 2012, closed six southern Bottom Dollar stores and converted 22 others to its Food Lion banner.

     

    By Bridget Goldschmidt, Stagnito Business Information
    • About Bridget Goldschmidt In addition to serving as Progressive Grocer’s Managing Editor, Bridget writes many print and digital features encompassing a range of grocery and fresh categories across the store. Bridget also enjoys on-site reporting assignments at such key industry events as the New York Fancy Food Show and the International Boston Seafood Show, in addition to visiting stores for PG’s prestigious Store of the Month feature. In her years with the magazine, she has developed into a knowledgeable voice on grocery industry trends, sought by such distinguished publications as The New York Times.

    Related Content

    Related Content