SAN DIEGO—Two specialty grocery retailers, Gelson's Markets and Smart & Final are bidding to purchase a total of 36 soon-to-close Haggen grocery stores. The submitted bids are for a group of stores including outlets in Los Angeles, Orange, Riverside and San Diego counties, according to a Monday press release from Bellingham, WA-based Haggen.
GlobeSt reported last week that the 82-year-old Haggen Food & Pharmacy, currently undergoing Chapter 11 bankruptcy, would sell most of the stores it acquired less than a year ago. The company says it will retrench in Washington and Oregon and reduce its number of outlets to 37 from 164.
Haggen says Gelson's hopes to eight eight California stores—in Carlsbad, Del Mar, Ladera Ranch, Laguna Beach, San Diego, Rancho Mirage, Santa Monica and Thousand Oaks.
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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.
