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Contents At A Glance

FE&SFlashNews2005-06-20 — News

June 20, 2005

Winn-Dixie Announces Realignment Plan

Winn-Dixie announced plans to reduce its store count to 587 locations from 913.

After the reduction the company, which currently operates in nine states in the southeast United States and in the Bahamas, will operate in five states and the Bahamas.

As a result of the plan, Winn-Dixie said it will cut its headcount by 22,000, or 28% of its total workforce. The firm said it will seek buyers for the 326 stores it plans to shutter and will ask buyers to offer positions to the associates at those stores.

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