Winn-Dixie announced yesterday that it will be closing 36% of its stores and cutting 22,000 jobs in an attempt to improve the company's financial performance. The company will be reducing the amount of stores it operates in the U.S. and the Bahamas from 913 to 587. It says that it wants to concentrate on the markets where it has the strongest market share position.
Winn-Dixie Cuts 22,000 Jobs, Closes 36% of Stores
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