OREANDA-NEWS. March 16, 2016. Albertson’s LLC (Albertsons) submitted a binding bid letter and form of Asset Purchase Agreement to Haggen for the purchase of 29 of Haggen’s core stores. This is a step in the process to obtain bankruptcy court approval, following Haggen’s Chapter 11 filing on September 8, 2015, which is required for consummation of the purchase.

The proposed plan would create a separate business unit for 14 Haggen stores which today are part of the original Haggen “legacy” store chain. They would continue to be operated separately from Bellingham under their existing Haggen name along with a legacy Safeway location in Oak Harbor, Washington that was converted to a Haggen location in 2015.  The remaining 14 stores are stores that Haggen acquired from Albertsons in 2015.  Following the transaction close, these stores will be transitioned over time back to the Albertsons banner, six of which will be operated by Albertsons’ Seattle division and eight by the Portland division.  Antitrust clearance of the acquisition was obtained last week.  The company expects to close on the transaction in the coming weeks, pending customary legal and bankruptcy court approvals.

“Haggen’s original core group of Pacific Northwest stores set the gold standard in the markets they serve for quality fresh products and exceptional service,” said Bob Miller, Albertsons Chairman and Chief Executive Officer. “We are proud to now be associated with this tradition, and want to assure Haggen’s dedicated shoppers that the stores will continue to offer customers the freshest local products available and exceptional service, with the same great employees at the stores.” Albertsons plans to hire substantially all store employees and also honor existing labor agreements to staff the stores.

Haggen has a strong reputation and deep roots in the communities it serves, which will continue to be fostered beyond the transaction close. They have established and well-known practices for supporting regional farms, ranches and fisheries, and for supporting a sustainable local food economy.

The following stores will remain part of the standalone business unit operated under the Haggen banner:

Address
2814 Meridian
757 Haggen Drive
1406 Lake Tapps Parkway East
1401 12th Street
1313 Cooper Point Road SW
210 36th Street
2900 Woburn Street
26603 72nd Avenue NW
1301 Avenue D
1815 Main Street
17641 Garden Way NE
2601 East Division
8915 Market Place NE
3711 88th Street NE
City
Bellingham
Burlington
Auburn
Bellingham
Olympia
Bellingham
Bellingham
Stanwood
Snohomish
Ferndale
Woodinville
Mount Vernon
Lake Stevens
Marysville
ST
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA

The following former Safeway store will continue as part of the Haggen standalone business unit and remain under the Haggen banner:

Address
31565 Sr 20 #1
City
Oak Harbor
ST
WA

The following stores will return to the Albertsons divisions and carry the Albertsons banner:

Address
1800 NE 3rd Street
1675 W. 18th Avenue
8611 Steilacoom Blvd. SW
16199 Boones Ferry Road
1690 Allen Creek Road
61155 S Hwy 97
14300 SW Barrows Rd
1128 N. Miller
450 N. Wilbur Avenue
3075 Hilyard St.
17171 Bothell Way NE
3520 Pacific Ave SE
3925 236th Ave NE
17520 SR 9 Southeast
City
Bend
Eugene
Tacoma
Lake Oswego
Grants Pass
Bend
Tigard
Wenatchee
Walla Walla
Eugene
Seattle
Olympia
Redmond
Snohomish
ST
OR
OR
WA
OR
OR
OR
OR
WA
WA
OR
WA
WA
WA
WA
*subject to reaching agreement with the landlord

About Albertson’s LLC

Albertson’s LLC is a subsidiary of Albertson’s Companies, LLC, 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.