Haggen stores in Port
Orchard and Gig Harbor could be bought back by Albertsons,
according to court documents.
Haggen is auctioning off dozens of stores this week as part of a
bankruptcy reorganization, and Albertsons has emerged as a
Documents filed in U.S. Bankruptcy Court in Delaware Friday
show Albertsons entered bids for 12 stores in Washington,
including former Safeway stores in Port Orchard and Gig
Albertsons submitted a baseline bid of $200,000 for the store in
Port Orchard, and $500,000 for Gig Harbor.
No baseline bids were entered for Haggen stores in East
Bremerton or Silverdale, which were formerly Albertsons.
Eighteen Washington Haggen stores will be auctioned
Wednesday, according to documents. A hearing will be held Nov. 24
to review the auction results.
Albertsons is bidding on stores it was forced to divest to
meet antitrust requirements as it completed a merger
with Safeway this year.
Haggen scooped up 146 of those stores, including three in
Kitsap County and one in Gig Harbor. The Bellingham-based grocery
chain filed for chapter 11 bankruptcy protection in September and
later announced it
would sell or close all but 37 “core stores.”
Haggen stores in Kitsap are slated to close by the end of
November and have
begun to liquidate inventory. Many Haggen employees have
already been rehired at Albertsons and Safeway stores, with
permission from the Federal Trade Commission.
Supermarket News and the
Seattle Times have more on the Haggen auctions this week. You
can read all of my Haggen
blog posts here.
UPDATE: Supermarket News reported Tuesday
will auction off all its stores. This includes the “core
stores” Haggen initially said it would keep, and the
chain’s original stores in the Bellingham area.