Newswatch

Bi-Lo here posted flat sales and a $2.5 million loss in a monthly operating report filed in U.S. Bankruptcy Court last week. The report for the four weeks from Aug. 16 to Sept. 12 showed sales of $194.6 million vs. sales of $195.5 million in the same period last year. EBITDA of $9.3 million was up from $8.9 million in the year-ago period, and a loss of

BI-LO POSTS LOSS ON FLAT SALES

MAULDIN, S.C. — Bi-Lo here posted flat sales and a $2.5 million loss in a monthly operating report filed in U.S. Bankruptcy Court last week. The report for the four weeks from Aug. 16 to Sept. 12 showed sales of $194.6 million vs. sales of $195.5 million in the same period last year. EBITDA of $9.3 million was up from $8.9 million in the year-ago period, and a loss of $2.5 million was down from last year's loss of $2.9 million.

BASHAS' REOP

Register to view the full article

TAGS: Kroger Walmart