Gelson's Bids on Eight Haggen Properties in Southern California

ENCINO, Calif., Oct. 5, 2015 /PRNewswire/ -- Gelson's Markets, one of the nation's premier supermarket chains, will bid on eight properties in Southern California, it was announced today by Gelson's President & CEO Rob McDougall.  The offer was made this week to Haggen, a Washington-based chain of grocery stores.  Haggen Holdings, LLC, together with certain of its subsidiaries, is currently a chapter 11 debtor in the United States Bankruptcy Court for the District of Delaware.

Gelson's is bidding on eight Haggen locations across five counties: Los Angeles County (Santa Monica), Orange County (Laguna Beach, Ladera Ranch), Riverside County (Rancho Mirage), San Diego County (Carlsbad, Del Mar, Pacific Beach) and Ventura County (Thousand Oaks).

"We are excited at the prospect of significantly expanding our brand offerings to new communities," said McDougall.  "Our bid is subject to higher and better offers at an auction currently scheduled for the beginning of November.  Should our bid prove successful, it will be a benefit for thousands of shoppers who value quality products and exceptional service. Furthermore, we would welcome the opportunity to have Haggen store employees join the Gelson's family, and foresee growth opportunities for our associates."

Founded in 1951, Gelson's currently operates 18 full-service specialty grocery stores in Southern California.  For more information about Gelson's Markets, please visit www.gelsons.com.

SOURCE Gelson's Markets

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