In November of the same year, the company announced that they were shutting down their distribution centers in North Charleston and Jedburg, South Carolina. Going forward, the company's 32 remaining corporate stores and its 28 franchised locations would be supplied by C&S Wholesale Grocers' warehouse in Greenville, South Carolina. In October 2014, Piggly Wiggly Carolina announced it was seeking approval from shareholders to approve the sale of its retail and wholesale grocery businesses by the end of 2014 and to dissolve the company entirely within the following three years. C&S Wholesale Grocers would acquire the operations, which included branding, marketing, store support, accounting and IT services, and Piggly Wiggly's Greenbax customer loyalty program for $9.3 million. The 20 remaining corporately owned stores would to be sold to independent operators while another 30 Piggly Wiggly stores that were independently operated were expected to remain under their current ownership. Proceeds from the sales would be used for participants in the company's employee stock ownership plan who would receive an estimated $55 per share. Also, an undisclosed number of senior executives would be paid a total of $700,000 to be split among them if they agree not to work for a competing business for at least four years. Greenbax Enterprises Greenbax Enterprises began as a sister corporation to Piggly Wiggly Carolina Company in the 1950s. Greenbax trading stamps are given with purchases, and these can be cashed in for discounts on groceries and merchandise that advertises the store. Greenbax discontinued the traditional paper stamps and began recording each customer’s balance electronically on the Pig's Favorite Customer (PFC) card. Shoppers can electronically redeem Greenbax at Piggly Wiggly stores, the Greenbax Online Catalog, or at other partner business locations. See also Supermarkets in the United States References External links Official Corporate Piggly Wiggly Website Piggly Wiggly Carolina Website Supermarkets of the United States American companies established in 1947 Retail companies established in 1947 Retail companies disestablished in 2014 Companies based in Charleston, South Carolina