This is the Acadiana Business e-mail newsletter from The Acadiana Advocate.
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The Advocate
Wednesday, August 16th, 2023
 
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Aldi has deal to acquire Winn-Dixie stores

by Adam Daigle | Acadiana business editor​ ​ ​

Good morning, Acadiana business news readers. Let's get to the headlines.

Aldi could be making a move to become a major player in the grocery market in the southeastern U.S. The fast-growing chain that opened two stores in Lafayette and another in New Iberia has reached an agreement with Southeastern Grocers to acquire all of its Winn-Dixie supermarkets.

Terms of the all-cash deal were not disclosed. Under the merger agreement, Aldi will acquire nearly 400 Winn-Dixie and Harveys Supermarket locations from Southeastern Grocers in a deal set to close in the first half of 2024.

Check out the story here. 

Thanks for reading and have a great day. 

 
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Amid drops in Baton Rouge and New Orleans, average monthly rent in Lafayette up 3.4%

The average monthly rent for an apartment in Lafayette rose 3.4% compared to a year ago while rents in Baton Rouge and New Orleans declined. Read more

Which companies from Acadiana made the Inc. 5000 list of fastest growing businesses?

A Broussard-based broadband company and a Lafayette construction was among the 33 Louisiana companies to make the annual Inc. 5000 list of America’s fastest-growing companies.  Read more

Heymann Center board wants improvements, revenue retention

The Heymann Performing Arts Center board of commissioners wants the City Council to fund interior and exterior improvements to the 60-year-old facility since it will be at least five years before a replacement is built. Read more

 
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