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FOOD LION TO OPEN 28 NEW STORES IN 12 STATES, CLOSE EIGHT UNDERPERFORMING LOCATIONS

 SALISBURY, N.C., June 30 /PRNewswire/ -- Food Lion, Inc. (NASDAQ-NMS: FDLN), announced today it will open 28 new stores in 12 states during the third quarter of this year and close eight stores that have failed to meet sales expectations. The new stores will create 1,400 new jobs and bring to 1,092 the number of supermarkets in the Food Lion system. The company will offer employment opportunities to as many affected employees as possible in neighboring Food Lion stores.
 "As part of our ongoing effort to increase the value of our company for employees and stockholders, Food Lion management continues to carefully examine business and competitive conditions in the regions where we operate. Based on this review, we have found both opportunities for growth and some areas where stores are not able to profit. I have directed our human resources department to actively pursue placement opportunities in other Food Lion stores for our affected employees," said Tom Smith, chairman and CEO of Food Lion, Inc.
 The new Food Lion stores will be opening July 7 through the end of September, 1993. Additional store openings are planned in the fourth quarter. Food Lion stores to open in the third quarter will be located in the following cities:
 Florida Georgia Kentucky Maryland
 Orlando Macon Radcliff Easton
 Savannah Stanford
 Sylvester
 N. Carolina Oklahoma Pennsylvania S. Carolina
 Charlotte Shawnee Lower Allen Mount Pleasant
 Kannapolis
 Liberty
 Sylva
 Wilkesboro
 Tennessee Texas Virginia W. Virginia
 Chattanooga Dallas Blackstone Bluefield
 Nashville DeSoto Lynchburg Morgantown
 Tullahoma Seagoville Tazewell Sophia
 Tyler
 Food Lion will close four stores on Aug. 28 and four stores on Sept. 25. The stores accounted for less than half of one percent of total store sales in 1992 and are being closed due to a variety of business factors. The stores to close are:
 Campbell Lane and Crossridge Road, Bowling Green, Ky.
 2160 Highway 441 North, Cornelia Ga.
 10 Huntington Road, Athens, Ga.
 Town and Country Shopping Center, Wallace, N.C.
 Highway 170 and Salem Road, Beaufort, S.C.
 148 West End Ave., Knoxville, Tenn.
 5303 Kingston Pike, Knoxville, Tenn.
 4809 Broadway, Knoxville, Tenn.
 Since Jan. 1, 1983, Food Lion has opened 838 stores in 14 states. The company has more than eight million customers each week.
 -0- 6/30/93
 /CONTACT: Mike Mozingo, Corporate Communications Mgr., Food Lion, Inc., 704-633-8250 Ext. 2575/
 (FDLN)


CO: Food Lion, Inc. ST: North Carolina IN: REA SU:

SB-MM -- CH003 -- 7158 06/30/93 12:22 EDT
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Publication:PR Newswire
Date:Jun 30, 1993
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