Winn-Dixie owner preparing for bankruptcy, up to 200 stores could close, report says

Winn-Dixie owner Bi-Lo is preparing for bankruptcy, according to a Bloomberg report.

Up to 200 stores could close as part of a bankruptcy filing, Bloomberg reported. According to Winn-Dixie's website, the retailer has locations in Florida, Georgia, Alabama, Louisiana and Mississippi.

TRENDING NOW:

• WINTER WEATHER ADVISORY: Snow showers moving in Saturday
• Car crashes into truck, pinning people between vehicles in parking lot
• Study: Common household chores just as damaging as smoking 20 cigarettes a day
• VIDEO: Tennessee authorities arrest 'King Pin Granny'

The bankruptcy filing could come as early as next month, Bloomberg reported.

Bi-Lo has not publicly confirmed any bankruptcy plans.

Traditional grocery stores have faced increased competition from online retailers like Amazon.

Cox Media Group