Report: Winn-Dixie owner preparing for bankruptcy, up to 200 stores could close

Winn-Dixie owner Bi-Lo is preparing for bankruptcy, according to a Bloomberg report.

Up to 200 stores could close as part of a bankruptcy filing, Bloomberg reported. According to Winn-Dixie's website, the retailer has locations in Florida, Georgia, Alabama, Louisiana and Mississippi.

The bankruptcy filing could come as early as next month, Bloomberg reported.

Bi-Lo has not publicly confirmed any bankruptcy plans.

Traditional grocery stores have faced increased competition from online retailers like Amazon.

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