FOR IMMEDIATE RELEASE
Haggen Announces Steps to Streamline and Improve Operations
Bellingham, Wash. (August 14, 2015) – Haggen, the West Coast regional grocer, today announced that in order to continue to improve its business and strengthen its competitive position, it has decided to close or sell a number of locations in California, Arizona, Nevada, Oregon and Washington. Most of the stores being closed or sold were acquired as part of the transaction in which Albertsons LLC and Safeway divested 146 stores. Additional stores will be sold or closed in the future as part of Haggen’s right-sizing strategy. The company has not determined how many jobs will be affected as a result of the closures and sales.
“Haggen’s goal going forward is to ensure a stable, healthy company that will benefit our customers, associates, vendors, creditors, stakeholders as well as the communities we serve,” said Haggen CEO Pacific Southwest, Bill Shaner. “By making the tough choice to close and sell some stores, we will be able to invest in stores that have the potential to thrive under the Haggen banner.” Continue reading