Is Winn-Dixie on the Block?
those who believe, especially outside of Winn-Dixie’s headquarters in
Jacksonville, Florida, that the grocery chain cannot continue to take competition such
as Publix and Wal-Mart Stores head-on and survive.
tell if the naysayers are right. In the meantime, an article in Florida
Trend ponders what entity might be willing to come in and buy up
Winn-Dixie with its 520 stores in Alabama, Florida, Georgia, Louisiana
president and CEO of Winn-Dixie, told the magazine, "My focus here at Winn-Dixie
is making a better company." Making Winn-Dixie better includes a capital
expenditure program that is funding a remodel of every one of the chain’s
that Winn-Dixie – and Sweetbay is another –
have a challenge," Barton Weitz, professor
and executive director of the Miller Center for Retailing Education and Research
at the University of Florida College of Business, told Florida Trend. "I
think the two big players are Wal-Mart Supercenters and Publix, which has
a great reputation. It’s hard for a supermarket chain to fall somewhere between
isn’t ready to concede the need to sell. He points
to the recent closing of some Sweetbay stores
along with Bruno’s recent bankruptcy filing as bringing more shoppers to
Winn-Dixie. He also contends the chain picked up shoppers disaffected
by Publix’s acquisition of a large number of Albertsons in the Florida.
Is Winn-Dixie making the right moves to fix its reputation and establish itself to
compete for the long haul? Do you think the chain is a likely takeover
prospect? What companies would benefit most from acquiring Winn-Dixie?