Haggen has sold some assets from four Southern California locations that didn’t receive bids in last November’s auction of its non-core stores.
According to a court document filed on Wednesday, Feb. 24, the sale or transfer of Haggen’s liquor licenses went to four different owners. A liquor license for a Bakersfield location was sold to Thrifty/Payless for $100,000; a Woodland Hills location license was sold to Bristol Farms for $20,000; a license for a location in San Luis Obispo was sold to a client of attorney Conor Massey for $120,300 and a Los Angeles store license was sold to Cal Fine Wine for $15,000.
After several postponements, the Haggen is scheduled to auction off its 32 core stores and one pharmacy — including all of its Whatcom County locations — on Friday, March 11.
The auction is part of the company’s Chapter 11 bankruptcy proceedings. The Bellingham-based grocer purchased 146 stores in 2015 from Albertsons and Safeway to help satisfy a Federal Trade Commission requirement of shedding stores prior to the Albertsons-Safeway merger. In November, Haggen auctioned off dozens of non-core stores.