WINN-DIXIE COMPLETES THRIFTWAY BUY

CINCINNATI -- Winn-Dixie Stores, Jacksonville, Fla., completed its acquisition of Thriftway Food Drug here last week -- reportedly for a price of $150-200 million in Winn-Dixie stock, industry observers said.With the completion of its acquisition of the 25-unit Thriftway chain, Winn-Dixie is expected to spend the next year fine-tuning the operation to position itself for the entry of Meijer supercenters

CINCINNATI -- Winn-Dixie Stores, Jacksonville, Fla., completed its acquisition of Thriftway Food Drug here last week -- reportedly for a price of $150-200 million in Winn-Dixie stock, industry observers said.

With the completion of its acquisition of the 25-unit Thriftway chain, Winn-Dixie is expected to spend the next year fine-tuning the operation to position itself for the entry of Meijer supercenters into this market in about a year, observers told SN.

Thriftway was purcha

Register to view the full article

test - Advanced Registered User

Already a member? .