Bi-Lo Asks Court for Extension of Lease Deadlines

Bi-Lo has asked a judge in U.S. Bankruptcy Court here to extend by 90 days the deadline by which the retailer must assume or reject lease agreements for its stores.

GREENVILLE, S.C. — Bi-Lo has asked a judge in U.S. Bankruptcy Court here to extend by 90 days the deadline by which the retailer must assume or reject lease agreements for its stores. The extension would give Bi-Lo until Oct. 19 — or sooner if a reorganization plan is assumed — to tell its landlords of its plans for its stores.

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