Albertsons’ bid for the store in Lake Havasu City was also approved by the court.
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The U.S. Bankruptcy Court has approved the sale of 47 Bellingham-based Haggen stores, which include 11 in Washington state.
Safeway previously operated both stores, and Albertsons plans to return the stores to the Safeway brand, according to documents filed in court this month. The San Bernardino-based grocer has 168 locations statewide. Stater Brothers, which has 168 stores mostly throughout Southern California, acquired 660 E. Los Angeles Ave.in Simi Valley. More than likely, it will be subdivided into smaller spaces for a grocery store, retail and even possibly restaurant-type use.
Haggen said in an email the 55 stores will fetch over $47 million.
In September, Haggen filed suit against Albertsons claiming anti-competitive practices in order to eliminate Haggen as a competitor.
Florida grocery store developer Regency Centers LP is purchasing a Haggen outlet in Woodland Hills, while Donahue Schriber Realty of Costa Mesa will buy a Camarillo Haggen store.
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Haggen’s acquisition of 146 stores from Albertsons and Safeway, when the two merging giants were forced by antitrust regulators to divest locations, set the stage for its audacious expansion and its August bankruptcy filing.
