Albertsons Acquires 29 Haggen Core Stores in Washington and Oregon

Mar 14, 2016, 16:15 ET from Albertsons

BOISE, Idaho, March 14, 2016 /PRNewswire/ -- Albertson's LLC (Albertsons) submitted a binding bid letter and form of Asset Purchase Agreement to Haggen for the purchase of 29 of Haggen's core stores. This is a step in the process to obtain bankruptcy court approval, following Haggen's Chapter 11 filing on September 8, 2015, which is required for consummation of the purchase. 

The proposed plan would create a separate business unit for 14 Haggen stores which today are part of the original Haggen "legacy" store chain. They would continue to be operated separately from Bellingham under their existing Haggen name along with a legacy Safeway location in Oak Harbor, Washington that was converted to a Haggen location in 2015.  The remaining 14 stores are stores that Haggen acquired from Albertsons in 2015.  Following the transaction close, these stores will be transitioned over time back to the Albertsons banner, six of which will be operated by Albertsons' Seattle division and eight by the Portland division.  Antitrust clearance of the acquisition was obtained last week.  The company expects to close on the transaction in the coming weeks, pending customary legal and bankruptcy court approvals.   

"Haggen's original core group of Pacific Northwest stores set the gold standard in the markets they serve for quality fresh products and exceptional service," said Bob Miller, Albertsons Chairman and Chief Executive Officer. "We are proud to now be associated with this tradition, and want to assure Haggen's dedicated shoppers that the stores will continue to offer customers the freshest local products available and exceptional service, with the same great employees at the stores." Albertsons plans to hire substantially all store employees and also honor existing labor agreements to staff the stores.

Haggen has a strong reputation and deep roots in the communities it serves, which will continue to be fostered beyond the transaction close.  They have established and well-known practices for supporting regional farms, ranches and fisheries, and for supporting a sustainable local food economy.  

The following stores will remain part of the standalone  business unit operated under the Haggen banner:

Address

City

ST

2814 Meridian

Bellingham

WA

757 Haggen Drive

Burlington

WA

1406 Lake Tapps Parkway East

Auburn

WA

1401 12th Street

Bellingham

WA

1313 Cooper Point Road SW

Olympia

WA

210 36th Street

Bellingham

WA

2900 Woburn Street

Bellingham

WA

26603 72nd Avenue NW

Stanwood

WA

1301 Avenue D

Snohomish

WA

1815 Main Street

Ferndale

WA

17641 Garden Way NE

Woodinville

WA

2601 East Division

Mount Vernon

WA

8915 Market Place NE

Lake Stevens

WA

3711 88th Street NE

Marysville

WA

 

The following former Safeway store will continue as part of the Haggen standalone business unit and remain under the Haggen banner:

Address

City

ST

31565 Sr 20 #1

Oak Harbor

WA

 

The following stores will return to the Albertsons divisions and carry the Albertsons banner:

Address

City

ST

1800 NE 3rd Street

Bend

OR

1675 W. 18th Avenue

Eugene

OR

8611 Steilacoom Blvd. SW

Tacoma

WA

16199 Boones Ferry Road

Lake Oswego

OR

1690 Allen Creek Road

Grants Pass

OR

61155 S Hwy 97

Bend

OR

14300 SW Barrows Rd

Tigard

OR *subject to reaching agreement with the landlord

1128 N. Miller

Wenatchee

WA

450 N. Wilbur Avenue

Walla Walla

WA

3075 Hilyard St

Eugene

OR

17171 Bothell Way NE

Seattle

WA

3520 Pacific Ave SE

Olympia

WA

3925 236th Ave NE

Redmond

WA

17520 SR 9 Southeast

Snohomish

WA

 

About Albertson's LLC
Albertson's LLC is a subsidiary of Albertson's Companies, LLC, one of the largest food and drug retailers in the United States, with both a strong local presence and national scale. We operate stores across 35 states and the District of Columbia under 18 well-known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market and Carrs.

Media Contact:
Brian Dowling
925-226-5141
brian.dowling@albertsons.com

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SOURCE Albertsons



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