BOISE, Idaho, Nov. 25, 2015 /PRNewswire/ -- Albertson's LLC ("Albertsons") received bankruptcy court approval today to acquire 30 former Haggen stores in California, Washington, Arizona, Nevada and Oregon. Albertsons was the successful bidder for the stores as part of a bankruptcy auction earlier this month. All 30 stores were former Albertsons, Safeway or Vons stores that had been sold to Haggen earlier this year. The Federal Trade Commission granted Albertsons' request for an early termination of its required waiting period under the Decision and Order, thus allowing the company to participate in the auction process with respect to these stores. The company expects to close on the transaction in the coming weeks. While no definitive timetable has been established at this time, Albertsons will re-open the stores under its various operating banners in 2016.
"We are pleased to be returning to these locations and have the opportunity to create great jobs in these communities," said Bob Miller, Albertsons Chairman and Chief Executive Officer. "The process of re-opening these stores as Albertsons, Safeway and Vons locations will take some time for us to obtain the appropriate licenses, but we are confident that our operating playbook will help us create stores that customers will love to shop again."
The following is a list of the stores by geography:
ARIZONA
CALIFORNIA
NEVADA
OREGON
WASHINGTON
About Albertsons
Albertsons is 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.
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SOURCE Albertsons
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