Southeastern Grocers, the parent company of the BI-LO store in Statesboro, has entered into a restructuring support agreement known as an RSA with a group of creditors collectively holding 80 percent of the company's notes due in September 2018 that will position Southeastern for long-term financial health. "From time to time, we have to make difficult but necessary decisions in regards to our company's financial health. By making this decision, we are making ourselves a healthier company that can compete in the long term," said Joe Caldwell, manager of Southeastern's corporate communications.