Business

Grocer finds buyers for 36 stores in California, Nevada

Posted October 06, 2015 7:00 am

The Associated Press

BELLINGHAM, Wash. (AP) - Grocery chain Haggen has found buyers for 36 of its stores in California and Nevada.

The Bellingham Herald reports (http://goo.gl/WYGA1X ) the company said Monday it will sell one Nevada store and 27 in Southern California to Smart & Final LLC. They will sell eight Southern California stores to Gelson's Markets.

The deals are part of Bellingham-based Haggen's bankruptcy plan to downsize from 164 to 37 stores and leave the Southwest market.

In September, Haggen asked a bankruptcy court for permission to close 100 stores, including all of those in California and Nevada.

Haggen has now filed a motion in court to establish a bid and auction process for the rest of the stores it announced it was closing.

___

Information from: The Bellingham Herald, http://www.bellinghamherald.com

Article Comments

Article Categories
Business Content Providers Nation and World News

Article Comments

Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.