Food Lion is to invest $110m to renovate 71 stores in the greater Richmond region of Virginia, US, this year.
According to the company, this move is intended to make shopping easier and more affordable for its customers.
Food Lion president Meg Ham said: "We look forward to making significant investments in our stores, our customers, our associates and our communities to offer a new grocery shopping experience.
“We want to ensure our customers can easily find fresh, quality products to nourish their families at affordable prices every day, delivered with caring, friendly service every time they shop."
The retailer plans to remodel stores, expand its product range, and invest in associates and communities through its Food Lion Feeds hunger relief initiative.
In addition to remodelling the stores, the retailer will make additional price investments throughout the year.
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By GlobalDataThis move will result in new stores being ‘easier to navigate and shop’, as well as have ‘expanded variety and assortment’ such as locally sourced wine and beer.
Richmond is the sixth market in which Food Lion is undertaking this remodeling exercise. The remodeling of 71 regional stores will be completed between June and October.
A grocery store firm based in Salisbury, North Carolina, Food Lion will carry out refurbishments across its fleet of more than 1,000 stores this year.