WINN-DIXIE FACES TOUGH CLIMB OUT OF BANKRUPTCY

JACKSONVILLE, Fla. -- Winn-Dixie, the iconic Southern retailer here whose long, slow decline culminated in a Chapter 11 bankruptcy filing last week, will face a difficult climb back, industry observers predicted.Winn-Dixie, a $10 billion retailer that operates 920 stores in the South and the Bahamas, said bankruptcy was forced by sliding credit ratings, pressure from vendors, and losses due to poor

JACKSONVILLE, Fla. -- Winn-Dixie, the iconic Southern retailer here whose long, slow decline culminated in a Chapter 11 bankruptcy filing last week, will face a difficult climb back, industry observers predicted.

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