Albertsons Makes a Bid on 36 Haggen Stores
LOS ANGELES, CA - New court documents from the U.S. Bankruptcy Court now reveal that over 130 Haggen stores are going up for grabs, with many of them going in an auction today out of Los Angeles, CA. Albertsons is eyeing as many as 36 of these locations.
Today marks the auction date for stores in the Arizona, Anaheim, Los Angeles, and Bakersfield/Riverside markets, while the remaining stores on the list will be auctioned off as follows:
November 10, 2015 - 27 Stores
- Oxnard-Ventura, CA Market
- Santa Barbara, CA Market
- San Luis Obispo, CA Market
- San Diego, CA Market
- Las Vegas, NV Market
November 11, 2015 - 33 Stores
- Portland/Salem, OR Market
- Baker City/Eugene/Grants Pass/Klamath Falls/Medford, OR Stores
- Seattle, WA Market
- Aberdeen/Bremerton/Spokane, WA Stores
- Tacoma, WA Market
On Monday, Albertsons will bid for 10 locations throughout Arizona, the Bakersfield/Riversfield, CA market, the Los Angeles, CA market, and the Anaheim, CA market. Then on Tuesday, Albertsons will be bidding for 10 locations throughout Santa Barbara, San Diego, and Las Vegas, and Wednesday the company will be bidding on 4 stores in Oregon and 12 stores in Washington, according to the filing.
As we’ve covered previously, Haggen had expanded from 18 stores with 16 pharmacies to 164 stores in Washington, Oregon, California, Nevada and Arizona after last year's acquisition from Albertsons. Since Haggen’s bankruptcy filing in September, this is the first rumblings of Albertsons being interested in acquiring any of the company’s locations back.
Other companies who have submitted baseline bids for the Haggen stores include Sprouts Farmers Market, Smart & Final, Stater Bros., and Tawa, the operator of the 99 Ranch Market chain.