February 3, 2023
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Grocer Haggen files for Chapter 11 bankruptcy

By   /  Thursday, September 10th, 2015  /  Latest news  /  Comments Off on Grocer Haggen files for Chapter 11 bankruptcy

Washington-based Haggen, the West Coast regional grocer, announced late Sept. 8 that it filed for Chapter 11 bankruptcy in an effort to reorganize. The company received $215 million in debtor-in-possession financing from its lenders to maintain its existing operations, according to a news release. “After careful consideration of all alternatives, the company concluded that a Read More →

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Haggen finds it’s tough to be third competitor for tri-county shoppers

By   /  Friday, July 24th, 2015  /  Editorials, Opinion  /  Comments Off on Haggen finds it’s tough to be third competitor for tri-county shoppers

The point of anti-trust regulators forcing Albertson’s and Safeway to sell off 146 supermarkets in order to allow for the two companies to merge was to create a viable third competitor in the market. That role was eagerly claimed by Haggen Inc., an independent grocery and pharmacy chain based in the state of Washington whose Read More →

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Safeway to pay $9.9M after environmental probe

By   /  Monday, January 5th, 2015  /  Latest news, Law & Goverment, South Coast, Top Stories  /  Comments Off on Safeway to pay $9.9M after environmental probe

The agreement comes as Safeway is clearing the final regulatory hurdles to its sale to rival Albertsons.

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Albertsons & Safeway to sell 168 stores before merger is approved

By   /  Friday, December 19th, 2014  /  Banking & Finance, Latest news, Real Estate, Restaurants, Top Stories, Tri-County Economy  /  1 Comment

The divestiture of the stores is part of another deal to secure FTC clearance for Albertons to acquire Safeway in a $9.2 billion deal. That transaction, which the companies are calling a merger, was announced in March and is expected to close in January.