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As the coronavirus still looms over the US housing market and economy, experts weigh in and offer some insight into what recovery will look like for real estate. Although there…Food Lion announced today it has entered into a transaction to purchase 62 BI-LO/Harveys Supermarket stores in North Carolina, South Carolina and Georgia from Southeastern Grocers. The addition of these stores will deepen the company’s ability to serve more customers with fresh and affordable products to nourish their families.
“We are so excited to add these new locations to our more than 630 stores across Georgia and the Carolinas,” said Food Lion President Meg Ham. “We’ve been serving customers in these larger regions for almost 60 years. We’re thrilled to add these locations and serve even more towns and cities across these three states with fresh, quality products at affordable prices every day with the caring, friendly service customers expect from their local Food Lion.”
Food Lion expects to hire more than 4,650 associates to serve customers at the 62 new stores.
The stores will remain open as BI-LO and Harveys Supermarket until the transaction is complete, which is expected to take place over a staggered period from January to April 2021, pending regulatory approval and customary closing requirements. Food Lion plans to operate all the stores under the Food Lion banner.
With more stores in more neighborhoods across its footprint, Food Lion is easy to get to, easy to get in and out of, and easy to shop. In addition to its longstanding heritage of low prices, Food Lion also makes shopping easy and affordable for customers through its MVP loyalty program, its award-winning Shop & Earn personalized monthly rewards program and with weekly promotions, hot sales, and everyday low prices. Food Lion also has a convenient mobile app that provides easy access to digital coupons, mobile shopping lists and much more.
Food Lion also has a longstanding history of caring for its neighbors in need. As the first grocery retailer in the country to establish a partnership with Feeding America to develop a retail food rescue program more than 20 years ago, all stores in the Food Lion network are paired with a local feeding agency to receive donations through Food Lion’s retail food rescue program and support through its hunger-relief platform, Food Lion Feeds. Through its network of 30 Feeding America® food bank partners across its 10-state footprint, Food Lion ensures food that is unable to be sold in its stores but is perfectly safe to eat, is donated to serve those in need.
“Caring for families and communities is at the heart of our brand. We believe no one should have to choose between dinner and rent and gas and groceries,” Ham said. “That’s why Food Lion recently announced a goal of providing 1 billion more meals through our hunger-relief platform, Food Lion Feeds, to feed our neighbors in need. As part of that commitment to the most vulnerable in our communities, these new stores will also be paired with local food bank partners. Caring is who we are and what we do at Food Lion.”
Food Lion will be served by ADUSA Distribution, LLC, through the Mauldin, S.C., distribution center once the transaction is complete. The distribution center will support the newly acquired 62 stores and Food Lion’s network of stores. The handover is anticipated to be complete in the first half of 2021.
Insurance and Safety Fire Commissioner John King will be deployed this week on military orders.
“We are living in unprecedented times and I am honored to answer the call of duty once again,” said Commissioner King. “While I currently cannot provide details on this deployment, my mission is always to protect our nation, our people, and our freedom.”
A Major General in the National Guard, King was recently deployed to New Orleans and New Jersey to enhance hospital bed capacity in hotspots impacted by COVID-19. During his deployment, Chief Deputy Commissioner Martin Sullivan will present the Commissioner’s budget cuts to joint appropriations committees. General King will remotely perform his official office duties.
Founder of Rimidi Dr. Lucie Ide talks about being an Atlanta native, and gives a few reasons she chose to locate her company in Atlanta.
Attorney General Chris Carr and West Virginia Attorney General Patrick Morrisey are leading a 23-state effort to protect property owners, farmers and energy producers against an attempt to revive an Obama-era water rule.
“We believe the Trump administration’s new rule defining the ‘waters of the United States’ respects the primary responsibility and right of the States to protect our lands and waters,” said Attorney General Chris Carr. “It also corrects flaws in the Obama-era rule it replaced, which had extended the authority of the EPA and the U.S. Army Corps of Engineers far beyond what Congress intended and the Constitution allows. We will continue to fight to preserve the proper balance between the roles of the federal regulators and the States in looking after our land and water resources.”
Carr and his colleagues have asked a federal district judge to join a lawsuit in support of the Trump administration’s Navigable Waters Protection Rule. That rule defines the “waters of the United States” over which federal regulators can impose permitting and other requirements on farmers, developers, and other landowners across the country. Carr and the coalition explain that the new rule gives greater certainty to farmers and landowners by drawing predictable and reasonable lines between waters and wetlands subject to federal regulation and those left to the States. The motion to intervene, filed late Monday, urges the court to consider the interests of Georgia and the rest of the coalition when it decides a challenge to the rule brought by a separate group of attorneys general led by New York and California. The coalition also opposed those States’ request for a nationwide injunction blocking the rule from going into effect.
Georgia co-led the brief with West Virginia. They were joined by Alabama, Alaska, Arkansas, Idaho, Indiana, Kansas, Kentucky, Louisiana, Mississippi, Missouri, Montana, Nebraska, North Dakota, Ohio, Oklahoma, South Carolina, South Dakota, Tennessee, Texas, Utah and Wyoming.
A copy of the coalition’s motion to intervene and its proposed opposition to a preliminary injunction are available by request (e-mail kbyrd@law.ga.gov). Both were filed in U.S. District Court for the Northern District of California.
Engel & Völkers Buckhead Atlanta and Engel & Völkers Atlanta North Fulton have unveiled an exclusive new iBuyer Concierge Program designed specifically to assist home buyers seeking to sell their existing homes and move into one of greater Atlanta’s new neighborhoods, announced Shirley Gary, CEO of the two Engel & Völkers brokerages. The partnership between the EV iBuyer Concierge team and the builders’ onsite agents helps home buyers bridge the gap between selling an existing home and purchasing a new one, allowing the home buyer to exercise more control over timing and costs. www.kellystephens.evrealestate.com/iBuyer-Listing-tools
“Our proprietary program has proven to be so effective, we are already working exclusively in over 150 new neighborhoods. Our partner builders understand the value the iBuyer Concierge Program brings to their home buyers. The buyers love the convenience and control the program offers them as they navigate the process of selling their current home and purchasing a new one,” said Gary.
“For many new home buyers, the process begins when they visit a new home community and fall in love with the neighborhood or a specific new home,” said Kelly Stephens, managing broker of Engel & Völkers Buckhead Atlanta and Engel & Völkers Atlanta North Fulton. “They may not have even been thinking about moving until they visited the neighborhood, and now they must sell their current home in order to move into their dream home. The onsite agents work exclusively within the new community, and cannot offer assistance in selling an existing home somewhere else. They certainly don’t want to lose a prospective home buyer, so they are delighted to be able to refer the homeowner to our iBuyer Concierge Program to help them sell their home.”
The Engel & Völkers team is trained and certified to work with iBuyers. The proprietary program allows the EV team to access all cash buyers in the market and compare offers. The team prepares the home sale information for the iBuyers, then evaluates the offers for the seller. The team also provides information and guidance to help the seller determine if a traditional sale or a cash sale is the best option. The service is offered to sellers who are not currently represented by an agent.
“Simultaneously selling and buying a home can be challenging for homeowners,” said Stephens. “If the new home is under construction, there is additional pressure to time the sale of the existing home to coincide with the new home’s completion. If the current home sells before the new home is ready, the home buyer has to find a temporary living situation. If the existing home is on the market longer than expected, the home buyer can end up owning two homes simultaneously, or losing the new home to another buyer. Our iBuyer Concierge Program works to eliminate these issues. Plus, since these buyers are institutional organizations and real estate investors that purchase homes for cash, they can complete the home sale within a short timeframe and usually with minimal need for showings or home improvements. Our partner builders love the convenience and security our new iBuyer Concierge Program offers their prospective home buyers, and the buyers love it, too!”
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The City of Atlanta has extended the nighttime curfew through Sunday night as the George Floyd protests show no signs of letting up.
For tonight, June 3, and Thursday, June 4, the curfew will go into effect at 9 p.m. just like it has for the last four nights. Starting Friday, June 5, the curfew will begin an hour earlier at 8 p.m. The curfews end at sunrise.
Exceptions to the curfew apply to those seeking medical help, working, first responders, and the homeless.
More than 400 people have been arrested since Friday during the protests, which will continue today at Centennial Olympic Park in Downtown and in the Decatur Square at 3 p.m.
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