Update May 14: Mauldin based Bi-Lo grocery chain has met all closing conditions of its plan of reorganization and plan of arrangement, and after more than a year under bankruptcy protection have emerged from Chapter 11.
Update April 21: The Greenville News has some turn-of-the-wheel updates.
First reporting: Good news for fans of Bi-Lo grocery stores, the company has secured $125 million to help during restructuring of the company.
According to the press release, the Greenville-headquartered company has "215 supermarkets in South Carolina, North Carolina, Georgia and Tennessee and employs approximately 15,500 people." The company has some 15 stores in the immediate metro area.
Heard about via way of The Charleston Regional Business Journal.