Haggen – we barely knew you.
The specialty grocery store says it will close its seven stores in Southern Nevada within the next two months. The company bought the stores earlier this year from Albertsons and Vons.
Over the next two months, all seven stores in Las Vegas, Henderson and Boulder City will begin the process of closing, but will remain open to sell of their merchandise and furnishings, according to the Bellingham, Wash. –based company.
The company says all employees will continue to be paid and receive their benefits over the next 60 days.
Haggen has been struggling in Nevada as well as California and Arizona since paying what analyst believe is $1.4 billion for 146 Albertsons, Vons, Pavilions and Safeway markets.
Haggen has never disclosed what it paid for the 146 stores. The announcement of Haggen's decision to close all of its stores in Nevada came two weeks after the company filed for Chapter 11 bankruptcy protection.
Haggen is asking a Bankruptcy Court for approval to conduct store closing sales. The company says it will continue to operatre a group of 37 stores in Washington and Oregon, including 21 acquired earlier this year from Albertsons.
Moving forward, Haggen intends to re-build its operations around a core group of successful stores made up of 37 stores in the Pacific Northwest, the company said in a statement.
"Haggen has a long track record of success in the Pacific Northwest and these identified stores have the best prospect for ongoing excellence," said John Clougher, CEO of Haggen Pacific Northwest.
The Southern Nevada locations closing are:
Editor's Note: If you are a Haggen employee in Southern Nevada we want to hear from you. Did you expect Haggen to fail so quickly? What's next for you? Send us an email to email@example.com
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