K-Ava-T Officials Have Announced They Are Purchasing 29 Bi-Lo Supermarkets In Chattanooga And In Georgia. K-Va-T, The Parent Company Of Food City Based In Abingdon, Virginia, Plans To Invest 40 Million Dollars In Capital Improvements To The Locations During The First Year. The Purchase Includes 21 Pharmacies In Chattanooga. Company Officials Hope To Finalize The Acquisition By Early Fall. K-Va-T Operates 104 Retail Supermarkets Throughout Northeast Tennessee, Southwest Virginia, And Southeast Kentucky.