MATTHEWS, N.C. -- If Harris-Teeter here had designs on expanding throughout the Southeast, Winn-Dixie Stores might have been able to make its creditors very happy.
Winn-Dixie said Harris-Teeter, a division of Ruddick Corp., Charlotte, N.C., has bid $16.75 million for nine Winn-Dixie locations in North Carolina, or an average of about $1.86 million per store. Bids for the remaining 70 stores that Winn-Dixie is seeking to sell at an auction this week averaged only about $313,000 per store. ...
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