Putting This Week's News In Context — Stein Mart, Seg And More

Southeastern Grocers prepares for bankruptcy With the state of the grocery business, the news didn't exactly come as a surprise: on Thursday, Southeastern Grocers announced that it would be filing Chapter 11 bankruptcy. The move means the loss of four local stores and 90 more throughout its footprint — bad news for the shopping centers they anchored, particularly because trends are moving away from such large boxes, making alternative uses challenging.

Topics:  chapter   seg   southeastern grocers   news   bankruptcy   

 

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