AUGUST 17 TO AUGUST 23, 2023 | JAXDAILYRECORD.COM
BUSINESS & LEGAL NEWS IN BAKER, CLAY, DUVAL, NASSAU AND ST. JOHNS COUNTIES
ALDI BUYING WINN-DIXIE
BY MARK BASCH Jacksonville-based CONTRIBUTING WRITER Winn-Dixie parent company Southeastern The Jacksonville-based parent company of the Winn-Dixie Grocers also is selling supermarket chain announced an agreement Aug. 16 to sell the Harveys, its Fresco y company to supermarket operator Más stores. Aldi.
Southeastern Grocers Inc. said
it is selling about 400 Winn-Dixie and Harveys supermarkets in Florida, Georgia, Alabama, Louisiana and Mississippi to Aldi. Southeastern Grocers also operates 28 stores under the Fresco y Más banner, which will be sold separately to an investment group called Fresco Retail Group, LLC. Aldi said it will convert some
INSIDE
of the Winn-Dixie and Harveys stores to the Aldi brand but continue to operate the rest under the Winn-Dixie and Harveys banners. “Like ALDI, Winn-Dixie and Harveys Supermarket have long histories and many loyal customers in the Southeast and we look SEE ALDI, PAGE 7
THE MATHIS REPORT
Doing business in Northeast Florida NASSAU
DUVAL
BAKER
San Marco Theatre to become restaurant PAGE 10
A guide to the many resources available for businesses starting out or seeking to expand in Northeast Florida and insight from some of the leaders who can help. PAGES 4-6
CLAY
BARS & RESTAURANTS
After 30 years, Wall Street is closing in Five Points
ST. JOHNS
PAGE 3
RESOURCES INSIDE Contact information for the chambers of commerce in Baker, Clay, Duval, Nassau and St. Johns counties. Page 6 Small business assistance and insurance resources. Page 6
LIMITED TIME OFFER
50
$
00
*
Annually
CALL TODAY 877-231-8834
or email subscriptions@jaxdailyrecord.com
Promo Code: JDR50
*Offer available to new customers only. All savings based off the regular rate.
THE BASCH REPORT
Weak mortgage market hits earnings at Fidelity National The company’s revenue from its title insurance business drops 27%, but the CEO says he is pleased because of “our ability to manage through economic cycles and react quickly to changing order volume.” PAGE 14
CITY GOVERNMENT
DeFoor chosen top city attorney The former Jacksonville City Council member and corporate attorney is among several officials nominated by Mayor Donna Deegan. PAGE 12 REAL ESTATE
Top commercial sales of the week Two hotels along Butler Boulevard sold for a total of $31.3 million, PAGE 11
VOLUME 110, NO. 40 | TWO SECTIONS | PUBLISHED SINCE 1912