BiLo has been SOLD...click here.
Here is the latest information from BiLo. These are NOT rumors - this is direct from BiLo.
- The store will definitely be open through next week, including Saturday the 27th. It is possible that the store could be open beyond the 27th, depending on the sale and the amount of inventory in the store.
- Everything is now 30% off; the store is still trying to sell down inventory to pave the way for the next owner.
- There is now a second buyer who is very interested. Both buyers have made offers that are under consideration.
- All employees who want to stay will get to stay, regardless of who buys the store.
- The purchase process is now in the hands of the lawyers, so the situation is very fluid.
As soon as the sale happens, I'll know immediately and will post it here. Stay tuned!