Business

Haggen may sell six more of its stores

The Haggen store in Spanaway along State Route 7 on Friday Aug. 4, 2015. The Bellingham-based grocer is closing more than 100 stores after filing for bankruptcy earlier this month.
The Haggen store in Spanaway along State Route 7 on Friday Aug. 4, 2015. The Bellingham-based grocer is closing more than 100 stores after filing for bankruptcy earlier this month. The News Tribune

According to recently filed court documents, six more Haggen stores were added to the list of locations they want to sell.

As reported in The Oregonian and The Seattle TImes, the additional stores are three in Washington and three in Oregon. The Washington stores added to the list are in Puyallup, Burien and Federal Way. The Oregon stores added to the list are in West Linn, Happy Valley and Eugene.

Combined with the 127 that are already up for sale or slated for closure, the remaining total would be 31 stores for the Bellingham-based grocer. None of the five Whatcom County Haggen stores are on the for sale list and are expected to be kept by the company.

On Monday, Oct. 5 Haggen announced it was selling one Nevada and 27 Southern California stores to Smart & Final LLC and eight Southern California stores to Gelson’s Markets for around $92 million. The company also established a bid process for the rest of the stores, with an auction scheduled for November.

Six stores could remain with Haggen if no buyer is found, according to company officials.

“In support of its ongoing marketing effort and global bid procedures, Haggen has identified six stores that will be marketed as both individual non-core stores and as part of the 37 core stores,” according to a company statement.

After spending more than $300 million to acquire 146 stores from Albertsons and Safeway in December, the company struggled to convert many of those stores to the Haggen brand. The company also was hit with a $41.1 million lawsuit by Albertsons for failing to pay for inventory. In August, the Haggen company announced it would close 27 stores, followed by its own lawsuit against Albertsons for up to $1 billion in damages, alleging Albertsons sabotaged the deal. On Sept. 24 Haggen announced it was closing 100 stores.

This story was updated to include comments from Haggen.

Reach Dave Gallagher at 360-715-2269 or dave.gallagher@bellinghamherald.com. Follow him on Twitter at @BhamHeraldBiz and on Facebook at BellinghamHeraldBusiness.

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