When Lucky’s Market announced it had filed for Chapter 11 bankruptcy and its planned exit from the Florida market, news of Aldi acquiring multiple Lucky’s Market locations in Florida surfaced. Now, Florida-based Publix is throwing its hat in the ring; the retail behemoth announced that it plans to purchase five Lucky’s stores.
Publix’s Director of Media and Community Relations, Maria Brous, confirmed that the company is now under contract to purchase the Clermont, Naples, Neptune Beach, Orlando, and Ormond Beach, Florida, Lucky’s locations, according to Tampa Bay Business Journal. These stores are between roughly 25,000 and 30,000 square feet, which is ideal for conversion to Publix’s banner GreenWise Market.
Who will be next to claim some of the shuttered Lucky’s locations? With Aldi and Publix each purchasing five stores, there are at least ten more left on the auction block. Stay tuned to Deli Market News as we report on the latest news.