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The Haggen bankruptcy saga has taken another turn as Federal Trade Commission documents reveal that the parent company of Albertsons wants to buy Haggens’ 33 remaining core stores.
The Haggen grocery chain will close its Liberty Lake store just months after entering the Eastern Washington market.
BELLINGHAM, Wash. (AP) — The small grocery-store chain Haggen has filed for bankruptcy protection. The Bellingham Herald reports that Chief Executive John Clougher said the reorganization will allow Bellingham-based Haggen to continue to operate while enabling the grocer to re-align its operations. Creditors have committed up to $215 million to keep the company running while it sells stores.
The supermarket battle between Haggen and Albertsons is getting uglier. Haggen, based in Bellingham, sued Albertsons for allegedly engaging in “systematic efforts” to eliminate it as a competitor in five states, including California.
The supermarket battle between Haggen and Albertsons is getting uglier. Haggen, a Pacific Northwest chain, sued Albertsons for allegedly engaging in "systematic efforts" to eliminate it as a competitor in five states, including California.
Haggen is acquiring the Liberty Lake Safeway store, which will be temporarily closed while the conversion takes place. The store at 1233 N. Liberty Lake Road will close at 6 p.m. Sunday and reopen Wednesday as Haggen.
One of Spokane Valley’s Safeway stores is closing. The store at 1441 N. Argonne Road will shut its doors for the last time on March 4.
Bellingham-based Haggen Inc. will enter the grocery market in Eastern Washington by buying the Safeway store in Liberty Lake, the company announced Friday. Haggen will buy 146 Safeway and Albertsons stores in Washington, Oregon, California, Nevada and Arizona. The company will balloon from a small chain with 18 stores and 16 pharmacies to one with 164 stores and 106 pharmacies, according to a news release.
Bellingham-based Haggen Inc. will enter the grocery market in Eastern Washington by buying the Safeway store in Liberty Lake, the company announced Friday.