FOOD LION BEGINNING TO CLOSE 88 UNDERPERFORMING STORES

SALISBURY, N.C. -- Food Lion has begun closing the first of 88 stores it expects to close this year.The chain closed 29 stores on March 12, most of which were in the Southeast states of Florida, Georgia, North Carolina and South Carolina. Three units were scheduled to close Saturday, March 19, and another 10 Food Lion stores are expected to close this week. Six of this week's store closings are in

SALISBURY, N.C. -- Food Lion has begun closing the first of 88 stores it expects to close this year.

The chain closed 29 stores on March 12, most of which were in the Southeast states of Florida, Georgia, North Carolina and South Carolina. Three units were scheduled to close Saturday, March 19, and another 10 Food Lion stores are expected to close this week. Six of this week's store closings are in Florida.

According to securities analysts who follow Food Lion, the chain's sal

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