retail news in context, analysis with attitude

Dow Jones reports this morning that Winn-Dixie plans to close 30 older stores in locations still to be announced. The company, which has been struggling to rebuild its image and sales since emerging from bankruptcy, also plans to eliminate “120 corporate and field support jobs as it consolidates its four operating regions into three,” according to the story.
KC's View:
Never an easy decision, but I have to believe that Winn-Dixie will be stronger for the move. You have to know when to fold ‘em...