{"id":3023,"date":"2013-07-08T14:41:24","date_gmt":"2013-07-08T14:41:24","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/?p=3023"},"modified":"2013-07-08T14:41:24","modified_gmt":"2013-07-08T14:41:24","slug":"belle-foods-filing-for-bankruptcy-closing-13-stores","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2013\/07\/belle-foods-filing-for-bankruptcy-closing-13-stores\/","title":{"rendered":"Belle Foods Filing for Bankruptcy, Closing 13 Stores"},"content":{"rendered":"

Early last year Chain Store Guide<\/strong> profiled Belle Foods LLC<\/a>, a 57-unit regional supermarket chain formed when industry veteran Bill White purchased Southern Family Markets. At the time, White was optimistic about offering \u2018convenient, top-quality grocery items at an affordable price with personalized customer service.\u2019 Almost exactly a year later, Belle Foods has filed for Chapter 11 bankruptcy protection. The company cited weaker sales than it had expected, as well as issues with creditors.<\/p>\n

Many of the company\u2019s stores \u2013 which are located in Florida, Georgia, Alabama, and Mississippi – formerly encompassed the old Bruno\u2019s chain.\u00a0 Belle is seeking to close 13 locations currently doing business as Food World and Piggly Wiggly.<\/p>\n

According to Chain Store Guide\u2019s<\/strong> 2013 Grocery Industry Market Share Report<\/em><\/a>, Belle operates in 24 core-based statistical area (CBSA) markets. Most of its operating markets have shown a decrease in grocery market share year over year.<\/p>\n

Belle Foods LLC<\/span><\/strong>
\nTop 10 CBSA Markets Ranked by Current Area Stores*<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
CBSA Area<\/strong><\/td>\nTrade Names<\/strong><\/td>\n\n

Current Area Stores<\/strong><\/p>\n<\/td>\n

\n

Current Market Share<\/strong><\/p>\n<\/td>\n

\n

Previous Area Stores<\/strong><\/p>\n<\/td>\n

\n

Previous Market Share<\/strong><\/p>\n<\/td>\n<\/tr>\n

MOBILE, AL<\/td>\nBruno’s; Food World<\/td>\n\n

8<\/p>\n<\/td>\n

\n

13.00%<\/p>\n<\/td>\n

\n

8<\/p>\n<\/td>\n

\n

13.10%<\/p>\n<\/td>\n<\/tr>\n

BIRMINGHAM-HOOVER, AL<\/td>\nBelle Foods; Food World<\/td>\n\n

4<\/p>\n<\/td>\n

\n

1.80%<\/p>\n<\/td>\n

\n

4<\/p>\n<\/td>\n

\n

1.80%<\/p>\n<\/td>\n<\/tr>\n

PENSACOLA-FERRY PASS-BRENT, FL<\/td>\nFood World<\/td>\n\n

4<\/p>\n<\/td>\n

\n

5.10%<\/p>\n<\/td>\n

\n

4<\/p>\n<\/td>\n

\n

5.20%<\/p>\n<\/td>\n<\/tr>\n

TUSCALOOSA, AL<\/td>\nBruno’s; Food World<\/td>\n\n

4<\/p>\n<\/td>\n

\n

11.50%<\/p>\n<\/td>\n

\n

4<\/p>\n<\/td>\n

\n

11.70%<\/p>\n<\/td>\n<\/tr>\n

FLORENCE-MUSCLE SHOALS, AL<\/td>\nFood World<\/td>\n\n

3<\/p>\n<\/td>\n

\n

11.40%<\/p>\n<\/td>\n

\n

3<\/p>\n<\/td>\n

\n

12.70%<\/p>\n<\/td>\n<\/tr>\n

ALBANY, GA<\/td>\nPiggly Wiggly<\/td>\n\n

2<\/p>\n<\/td>\n

\n

6.40%<\/p>\n<\/td>\n

\n

2<\/p>\n<\/td>\n

\n

6.40%<\/p>\n<\/td>\n<\/tr>\n

ATHENS-CLARKE COUNTY, GA<\/td>\nBelle Foods; Piggly Wiggly<\/td>\n\n

2<\/p>\n<\/td>\n

\n

5.40%<\/p>\n<\/td>\n

\n

2<\/p>\n<\/td>\n

\n

5.70%<\/p>\n<\/td>\n<\/tr>\n

CRESTVIEW-FORT WALTON BEACH-DESTIN, FL<\/td>\nFood World<\/td>\n\n

2<\/p>\n<\/td>\n

\n

4.80%<\/p>\n<\/td>\n

\n

2<\/p>\n<\/td>\n

\n

4.80%<\/p>\n<\/td>\n<\/tr>\n

DECATUR, AL<\/td>\nFood World<\/td>\n\n

2<\/p>\n<\/td>\n

\n

7.90%<\/p>\n<\/td>\n

\n

2<\/p>\n<\/td>\n

\n

8.00%<\/p>\n<\/td>\n<\/tr>\n

GADSDEN, AL<\/td>\nFood World<\/td>\n\n

2<\/p>\n<\/td>\n

\n

11.10%<\/p>\n<\/td>\n

\n

2<\/p>\n<\/td>\n

\n

11.00%<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

*Source: Chain Store Guide\u2019s<\/strong> 2013 Grocery Industry Market Share Report<\/a>. <\/em>\u2018Current\u2019 data represents fiscal 2012<\/p>\n","protected":false},"excerpt":{"rendered":"

Early last year Chain Store Guide profiled Belle Foods LLC, a 57-unit regional supermarket chain formed when industry veteran Bill White purchased Southern Family Markets. <\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16],"tags":[5],"class_list":["post-3023","post","type-post","status-publish","format-standard","hentry","category-grocery-convenience","tag-insight","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/3023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=3023"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/3023\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=3023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=3023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=3023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}