Winn-Dixie Stores plans to close more than 325 supermarkets and cut 22,000 jobs (28 percent of its current work force) in its plan to emerge from the Chapter 11 reorganization that it filed in February. Kekst & Co. is handling reorg news.

Winn-Dixie is exiting key markets such as Atlanta, Savannah, Raleigh-Durham, Chattanooga, Charlotte and Jackson. It expects annual revenues will drop from $10 billion to the $7.5 billion range.

The company will soon announce cutbacks at its Jacksonville corporate headquarters to reflect the downsized company.

Wal-Mart, which contributed to Winn-Dixie's downfall, is a logical buyer of some of the closed W-D units.