Piggly Wiggly Independent Store Owners Enter into Agreement with Southeastern Grocers to Purchase Six Stores

Acquisition to Expand Piggly Wiggly Presence in South Carolina and Southeast Georgia

NORTH CHARLESTON, S.C.--()--Three Independent Piggly Wiggly Store Owners, in conjunction with and with the support of C&S Wholesale Grocers, announced today that they have entered into a definitive agreement with Southeastern Grocers to acquire three BI-LO stores in South Carolina and three Harveys Supermarkets in Georgia. This arrangement is in conjunction with the restructuring support agreement announced by Southeastern Grocers on March 15, 2018.

Piggly Wiggly stores in South Carolina and Southeast Georgia, which are independently owned and operated, are supported and supplied by C&S Wholesale Grocers. C&S Wholesale Grocers, the owner of the Piggly Wiggly brand, is looking forward to extending the Piggly Wiggly footprint.

“Our Independent Owners are excited to grow their existing store count and expand the Piggly Wiggly brand in the Southeast,” said John Owens, VP of Marketing and Merchandising in the Southeast for C&S Wholesale Grocers.

Three Georgia stores are being purchased by Ashley and Missy Thompson, current owners of three Piggly Wiggly locations in Southeast Georgia. The locations being purchased are:

  • Harveys Supermarket – 75 South Valdosta Road, Lakeland, GA
  • Harveys Supermarket – 1016 Main Street South, Lakeland, GA
  • Harveys Supermarket – 528 North Church Street, Homerville, GA

Two of the South Carolina stores are being purchased by John and Anna Gillis, current owners of three Piggly Wiggly stores in the Upstate of South Carolina. The locations being purchased are:

  • BI-LO – 809 W. Greenwood Street, Abbeville, SC
  • BI-LO – 136 S. Main Street, Clover, SC

One of the South Carolina stores is being purchased by David and Haley Smith, current owners of one Piggly Wiggly store in the Charleston area. The location being purchased is:

  • BI-LO – 630 Skylark Drive, Charleston, SC

The transactions are expected to close by the end of April 2018 and are subject to the satisfaction of customary closing conditions. Upon completion of the transaction, the acquired stores will be rebranded under the Piggly Wiggly banner name.

With the additional stores converting to the Piggly Wiggly banner, C&S Wholesale Grocers will service 50 Piggly Wiggly locations in South Carolina and Southeast Georgia.

About Piggly Wiggly Supermarkets
Piggly Wiggly® was established on September 6, 1916 by Clarence Saunders in Memphis, Tennessee as the first self-service grocery store in the United States. Today, there are over 600 Piggly Wiggly® supermarkets independently owned and operated in several states, including 48 located in South Carolina and Coastal Georgia.

About C&S Wholesale Grocers
C&S Wholesale Grocers, Inc., based in Keene, NH, is the largest wholesale grocery supply company in the U.S. and the industry leader in supply chain innovation. Founded in 1918 as a supplier to independent grocery stores, C&S now services customers of all sizes, supplying more than 14,000 independent supermarkets, chain stores, military bases, and institutions with over 140,000 different products. To learn more, please visit www.cswg.com.

Contacts

C&S Wholesale Grocers, Inc.
Kristen Clark, 603-354-7476
krclark@cswg.com

Contacts

C&S Wholesale Grocers, Inc.
Kristen Clark, 603-354-7476
krclark@cswg.com