In 2011, Lone Star Funds put together a supermarket portfolio, which included Bi-Lo Markets, Winn-Dixie, Fresco y Mas, and Harvey’s Supermarkets. The company is now the fifth-largest conventional supermarket chain in the U.S. and the second-largest conventional supermarket in the southeast based on store count.
Currently, the company operates in 7 states and has 704 locations under the Bi-Lo, Winn-Dixie, Harvey’s and Fresco Y Mas names. The company continues to grow, mainly through acquisitions. In 2013, Southeastern Grocers acquired 22 Piggly Wiggly’s in South Carolina for $35 million and in the same year, Bi-Lo acquired Harvey’s, Sweetbay and Reid’s banners for $265 million.
The Fresco Y Mas name was unveiled in 2016. This part of the Southeastern Grocers group is designed to appeal to the Hispanic market, with the name meaning “Fresh and More” in English.