CHATTANOOGA — Bi-Lo's blockbuster acquisition of the Winn-Dixie grocery store chain is expected to produce lower prices and more variety for customers, Bi-Lo's chief executive said Monday.

But don't expect to see Winn-Dixie stores return to the Chattanooga area, said CEO Michael Byars in a telephone interview.

"I don't see that happening," he said.

Byars said the deal will provide Bi-Lo, the No. 1 grocer in the Chattanooga area, with about 30 stores, with more options to compete and succeed in the future.