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

>> Read more trending news

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.

About the Author

Keep Reading

FILE - Resident Anne Schneider, right, hugs her friend Eddy Sampson as they survey damage caused by Hurricane Helene, Oct. 1, 2024, in Marshall, N.C. (AP Photo/Jeff Roberson, File)

Credit: AP

Featured

An aerial image shows the Atlanta skyline on Wednesday, May 15, 2024. (Miguel Martinez / AJC)

Credit: Miguel Martinez