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Wage, break issues spur class action lawsuits

By   /  Friday, October 28th, 2016  /  Central Coast Health Watch, Latest news, Law  /  Comments Off on Wage, break issues spur class action lawsuits

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Haggen to sell remaining grocery stores

By   /  Monday, March 14th, 2016  /  Latest news  /  Comments Off on Haggen to sell remaining grocery stores

And then there were none. Albertsons plans to purchase 29 of 32 Haggen’s “core stores” in Oregon and Washington for a “base amount” of about $106.2 million, according to a March 11 bankruptcy filing. Haggen plans to sell its three remaining locations over the next 60 days. In less than a year and a half, Read More →

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Compass expands online luxury real estate platform to SB, Montecito

By   /  Friday, January 15th, 2016  /  Columns, Latest news, Real Estate  /  Comments Off on Compass expands online luxury real estate platform to SB, Montecito

A new online platform is poised to shake up the region’s luxury residential real estate market. New York-based Compass uses in-house software that aims to cut down on brokers’ administrative work and streamline listing updates. The startup recently announced that it is expanding into the Santa Barbara and Montecito markets. The South Coast is the Read More →

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Entrepreneur loses out on Haggen store bid

By   /  Friday, November 20th, 2015  /  Latest news, Real Estate, Top Stories  /  Comments Off on Entrepreneur loses out on Haggen store bid

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Haggen, Fresh & Easy closings leave Tri-Counties up for grabs

By   /  Friday, October 30th, 2015  /  Latest news, Top Stories  /  Comments Off on Haggen, Fresh & Easy closings leave Tri-Counties up for grabs

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Dubroff: Obama administration’s anti-trust efforts failing in Tri-Counties

By   /  Friday, October 30th, 2015  /  Columns, Latest news  /  Comments Off on Dubroff: Obama administration’s anti-trust efforts failing in Tri-Counties

Monopoly is a fun game — as long as you’re the winner. And so it is in the actual game of business, where monopoly has become the all-too-frequent outcome of mergers and acquisitions. It happened just a few months ago in the grocery business. Office supplies and pharmacies could be next. The grocery saga is Read More →

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Goodbye to Haggen grocery stores

By   /  Friday, October 2nd, 2015  /  Op/Eds  /  Comments Off on Goodbye to Haggen grocery stores

Wikipedia states that strategic bankruptcy occurs when an otherwise solvent company makes use of the bankruptcy laws for a specific business purpose.  An example of this was in 2002 when Kmart filed a Chapter 11 bankruptcy. Kmart had a severe cash flow problem because it was locked into long-term leases at premium rates with respect Read More →

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