SAN DIEGO—Washington-based Haggen Food & Pharmacy, which is undergoing Chapter 11 bankruptcy proceedings plans to exit the southwest market, resulting in 69 California store locations coming to market, including eight in San Diego, and several others throughout Southern California.
A dozen Haggen stores in Nevada and Arizona will also close as the company retreats to the Pacific Northwest where it will realign its operations around 37 core stores and one stand-alone pharmacy in the Pacific Northwest as part of the Chapter 11 process. The Southwest stores were acquired by the Bellington, WA, company less than a year ago.
Sagent Advisors, LLC has been actively working to explore market interest for its store locations in California, Arizona, Oregon, Washington and Nevada.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
