Bi-Lo Files Chapter 11 Bankruptcy

Saying its lenders were unable to extend terms on a loan set to mature this week, supermarket chain Bi-Lo LLC filed for Chapter 11 bankruptcy protection on Monday.

GREENVILLE, S.C. — Saying its lenders were unable to extend terms on a loan set to mature this week, supermarket chain Bi-Lo LLC here filed for Chapter 11 bankruptcy protection on Monday. The filing comes only weeks after a former sister chain, Bruno’s Supermarkets, filed its own Chapter 11 petition. Both chains are owned by Lone Star Holdings, a Dallas-based private equity firm, which acquired them together from Ahold in 2005.

Bi-Lo named a new chief executive officer, Michael

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