Winn-Dixie to Sell 21 Stores

Jacksonville, Fla., Bankrupt Winn-Dixie Stores Inc. said it reached agreements to sell 21 stores to 14 buyers for more than $15 million. The deal does not include inventory, which was sold previously in clearance sales. The stores are part of the 35 locations closed earlier this year after an evaluation of the company's business. The closings aim to enhance Winn-Dixie's financial performance and help prepare it to emerge from Chapter 11 reorganization this fall.

Sunrise Properties is buying four stores, while Office Depot Inc. and Kash n' Karry Foods supermarket chain are buying three stores each, while other buyers are purchasing individual stores. Winn-Dixie said employees working at the closed stores were hired at other company stores.

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