Report: Winn-Dixie owner preparing for bankruptcy, up to 200 stores could close

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Bi-Lo, Owner of Winn-Dixie, Reportedly Preparing For Bankruptcy

Winn-Dixie owner Bi-Lo is preparing for bankruptcy, according to a Bloomberg report.

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Up to 200 stores could close as part of a bankruptcy filing, Bloomberg reported. According to Winn-Dixie's website, the retailer has locations in Florida, Georgia, Alabama, Louisiana and Mississippi.

The bankruptcy filing could come as early as next month, Bloomberg reported. 

Bi-Lo has not publicly confirmed any bankruptcy plans.

Traditional grocery stores have faced increased competition from online retailers like Amazon.

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MIAMI, FL - APRIL 30: A Winn-Dixie store sign is pictured on April 30, 2004 in Miami, Florida.

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