After what seemed like the possible extinction of the Winn-Dixie brand, the iconic grocery store chain will live to fight another day.
Nearly a year ago, the German grocery chain Aldi bought the parent company of Winn-Dixie, Jacksonville-based Southeastern Grocers.
But now, Southeastern Grocers has acquired many of its Winn-Dixie stores back from Aldi., according to a news release.
A group of private investors announced it was going to regain ownership of about 170 Winn-Dixie grocery and liquor stores in Florida, Alabama, Georgia, Louisiana and Mississippi.
The group was spearheaded by Southeastern Grocers CEO and president Anthony Hucker and C&S Wholesale Grocers, a long-time supplier for the company.
But there still won't be many Winn-Dixie stores left, since Aldi is sticking to its plan of converting more than 200 locations into its own store format by 2027.
Southeastern Grocers hasn't announced which stores will remain under the Winn-Dixie banner.
Financial terms of the deal were not disclosed.
