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Bi-Lo for Sale
DALLAS -- Southeastern chain Bi-Lo is back on the market several years after breaking away from former parent company Ahold. Bi-Lo's current owner, private equity firm Lone Star Funds, said yesterday it intends to seek a buyer for the 230-store chain, which has come up short in many markets to the country's leading supermarket operator, Wal-Mart. -
Lowes Foods to Install Demand Forecasting/Order Optimization Software
MOORESVILLE, N.C. -- Lowes Foods Stores, Inc., a subsidiary of Alex Lee Inc. here, said it plans to install a demand forecasting and order optimization application to ensure accurate inventory levels across its more than 100 grocery stores in North Carolina, South Carolina, and Virginia.