Publix Acquires Five Lucky's Market Locations
FLORIDA - Just yesterday we reported on Aldi’s acquisition of multiple Lucky’s Market locations, following news that the chain had filed for Chapter 11 bankruptcy and announced its exit from the Florida market. Now another retail behemoth is throwing its hat in the ring as Publix announced that it plans to purchase five stores from Lucky’s, according to Tampa Bay Business Journal.
Publix’s Director of Media and Community Relations, Maria Brous, confirmed yesterday evening that the company is now under contract to purchase the Clermont, Naples, Neptune Beach, Orlando, and Ormond Beach, Florida, Lucky’s locations. These stores are between roughly 25,000 and 30,000 square feet, according to the news source, which is ideal for conversion to Publix’s banner GreenWise Market.
Who will be next to claim some of the shuttered Lucky’s locations? With Aldi and Publix each purchasing five stores, there are at least ten more left on the auction block. Stay tuned to AndNowUKnow as we report on the latest news.