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. "With that said, we are committed to Statesboro and have seen an incredible response by our customers at our store on Northside Drive since it's remodeling in December of last year."