Anthony Hucker, President and Chief Executive Officer of SEG, said, “The agreement we announced today is an important step in Southeastern Grocers’ transformation to put our company in the best position to succeed in the extremely competitive retail market in which we do business. With a foundation built on iconic, heritage banners, and with the strong support of our leadership team, we will work through this process as quickly and efficiently as possible. We are excited to emerge with the optimal store footprint and greater financial flexibility to invest in Southeastern Grocers’ growth.”
Consummating the transactions contemplat…
Read the full article at: https://www.prnewswire.com/news-releases/southeastern-grocers-initiates-financial-restructuring-with-support-of-key-stakeholders-300614981.html