header image

[Sign Up Now] to Receive Our FREE Daily SCVTV-SCVNews Digest by E-Mail

Inside
Weather


 
Calendar
Today in
S.C.V. History
March 28
1934 - Bouquet Canyon Reservoir, replacement for ill-fated St. Francis Dam & reservoir, begins to fill with water [story]
Bouquet Reservoir


haggen[KHTS] – Haggen Food and Pharmacy has announced that a U.S. bankruptcy court confirmed the sale of the stores Saugus location to Albertsons.

The Haggen location in Saugus, which opened in June, will be closing Thursday, Dec. 3. 2015.

Albertsons LLC bought the majority of Haggen’s locations, picking up 30 of the 47 stores that were sold at auction last month, according to a news release.

Other buyers included Stater Bros. Markets, Sprouts Farmers Market, Smart and Final Stores LLC, Tawa Inc. and Yoke’s Foods Inc.
Haggen filed for Chapter 11 Bankruptcy in early September, closing several of its locations to “reorganize around its core profitable stores,” many of them in the Pacific Northwest.

The closures include Nevada, Oregon, California, Arizona and Washington.

Haggen second location in Santa Clarita on Mcbean Parkway was closed months after its grand opening in April.

The west coast grocer will receive up to $215 million from its existing lenders to continue its day-to-day operations and the flow of merchandise during the sale process, according to a news release.

In an effort to expand the company, Albertsons is preparing an initial public offering of its common stock, according to a prospectus released by the grocer on Monday.

Albertsons will offer 65 million shares of common stock, expecting an initial public offering price of between $23 and $26 per share, according to the document.

Albertsons is one of the largest food and drug retailers in the U.S., operating 2,196 stores in 33 states.

Comment On This Story
COMMENT POLICY: We welcome comments from individuals and businesses. All comments are moderated. Comments are subject to rejection if they are vulgar, combative, or in poor taste.
REAL NAMES ONLY: All posters must use their real individual or business name. This applies equally to Twitter account holders who use a nickname.

64 Comments

  1. Anonymous says:

    Anyone have any idea when the Albertsons market will open???

  2. Tanya Parker Tanya Parker says:

    So there will be an Albertsons on bouquet at Haskell and one at Golden Valley/NRR

  3. Josh Harvey Josh Harvey says:

    Ashleigh Ashleigh Sacks

  4. Judith Pinto Judith Pinto says:

    so they sold for top dollar and bought back at low dollar. sounds like sound business practice to me.

  5. Andria Ortiz Andria Ortiz says:

    I wonder what is going to take over the Ralph’s that closed on Lyons & Orchard Village months ago.

  6. Jenny Curtis Jenny Curtis says:

    Kyndra Jaynes Hanna

  7. Good, now I’ll go there to shop.?but Albertsons has to be competitive too!

  8. Sylvia Shermer we need another Staters out here. Can you talk to your sources ?

  9. Patty Ann Patty Ann says:

    FCC had Albertson’s close/ sell buildings before the merger because it’s illegal to have an monopoly. Well Albertsons bought back the same buildings. Doesn’t make sense.

    • Mark says:

      It was the FTC. The idea was to increase competition by bringing in new grocers independent of Albertsons-Safeway-Vons. In some areas they represent a good number of stores & by allowing them to continue operations, they could squeeze out the few competitors in those regions. The problem was that Haggens was probably ill-prepared to expand from 18 locations to 146. The hedgefund that bought into Haggens & financed their expansion may have had alternate ideas according to rumors. At the least, Haggens bit off much more than it should have. With the FTC out of the picture, Alberstons will recover some profitable stores which according to Haggens’ CEO were all duds.

  10. How long was Haggens even open?

  11. Sara Scott Sara Scott says:

    What about mc bean

  12. Amy Miller Amy Miller says:

    Thank god we will have a grocery store over here!

  13. Stacy Grover Stacy Grover says:

    Will it be an Albertsons or a Vons?

  14. Stater Bros would have been nice

  15. I wish the Trader Joe’s moved there so it could have large aisles and lots of parking. : )

    • Mary Haskell Mary Haskell says:

      Best comment ever. trader joes made a bad choice moving there. Worst parking lot even before they moved in. It’s like playing Frogger trying to get in and out of your car

      • Mark says:

        Trader Joes store format is too small for most modern grocery stores. Many have poor parking too, they must look specifically for those locations

    • Scott Hobberchalk says:

      Great Idea !

    • Laura Keith Laura Keith says:

      Yeah. Why does every trader Joes have sucky parking ?

      You would think at some point they would realize that they have enough volume to get a bigger store and decent parking.
      The Pasadena parking sucked. The Burbank one too and Santa Clarita.

      It’s like they do it on purpose

      I just want to go to your store and park in your lot one time without having to wait for a space defend the space get in get out and then not get the hurry up stink eye from someone while I load my car.

      #firstworldproblems

  16. After living in this valley on the saugus side for more than 30 years we will not shop at Albertosons on bouquet anymore. Every time we go there they have expired items on their shelfs such as milk(constantly).

  17. Irma Blanco Irma Blanco says:

    I want Von’s back!

  18. Same in quartz hill.store sucked and was originally an Albertsons.

  19. I was told this week by an Albertson’s employee that it will reopen as Vons.

  20. Smart and Final is moving into ours in Quartz Hill.

  21. Albertsons. .overpriced.
    Too bad its not another ralphs!

  22. Debbie Emma Debbie Emma says:

    It was Vons before tho

  23. Albertsons has a good deli….!!!

  24. Bring back Von’s !!!

  25. I’d be more partial to a Stater Brothers myself or Food 4 Less. Better prices.

  26. Chuckie says:

    And this was the plan from the beginning. To win approval for the Vons,Albertsons merger the FCC made them sell off stores. It was all smoke and mirrors.

  27. lucky for the screwed employees…

  28. Jeanne says:

    I wanted Stater Brothers too!
    I have to drive from Saugus over to Newhall to shop at “Stater Brothers” every week.

    “Albertsons” is too expensive. Food for less is not a nice store. “Walmart” gets too much food from China.

  29. Samuel de Haro Vanessa DH

  30. I was hoping it was going to be stater bros.

  31. Vanessa DH Vanessa DH says:

    Otra veeeeeeez Yamile De Haro Samuel de Haro

  32. Bring back Von’s please!

Leave a Comment


SCV NewsBreak
LOCAL NEWS HEADLINES
Thursday, Mar 28, 2024
April 16: FYI Seeks Volunteers To Pair With Local Foster Youth
Local nonprofit Fostering Youth Independence is seeking “Allies” to support Santa Clarita youth who are aging out of the L.A. County foster care system.
Thursday, Mar 28, 2024
California Announces $25 Million in Awards for Youth Mental Health
To support the mental health of California's young people, the California Department of Public Health awarded $25 million to 28 tribal and community-based organizations across the state.
Wednesday, Mar 27, 2024
California Launches New Youth Suicide Prevention Campaign
The California Department of Public Health launched the “Never a Bother” campaign, a youth suicide prevention public awareness and outreach campaign for youth, young adults, and their parents, caregivers, and allies.
Keep Up With Our Facebook

Latest Additions to SCVNews.com
Local nonprofit Fostering Youth Independence is seeking “Allies” to support Santa Clarita youth who are aging out of the L.A. County foster care system.
April 16: FYI Seeks Volunteers To Pair With Local Foster Youth
The Los Angeles County Department of Public Health today unveiled the latest L.A. County Health Survey, which gathers vital data on health behaviors, conditions, neighborhood settings, and the needs of L.A .County residents, informing future public health policies and programs.
Public Health Unveils the 2023 L.A. County Health Survey Findings
Due to the projected rain forecast, Eggstravaganza will now be held indoors at the Canyon Country Community Center beginning promptly at 10 a.m. on March 30.
March 30: Eggstravaganza Now Being Held Indoors at Canyon Country Community Center
To support the mental health of California's young people, the California Department of Public Health awarded $25 million to 28 tribal and community-based organizations across the state.
California Announces $25 Million in Awards for Youth Mental Health
The College of the Canyons Athletic Department will host a dedication ceremony to unveil the Michele Jenkins Softball Team Room in honor of the longtime board member and ardent softball program supporter’s nearly 40 years of service to the district.
April 16: COC to Host Michele Jenkins Team Room Dedication Ceremony
PFLAG Santa Clarita has announced the establishment of the Peggy and Jeff Stabile PFLAG SCV Scholarship. The scholarship will provide financial assistance to LGBTQIA+ students pursuing higher education and committed to advocating for LGBTQIA+ rights and promoting diversity and inclusion.
PFLAG SCV Announces Stabile PFLAG Scholarship
1934 - Bouquet Canyon Reservoir, replacement for ill-fated St. Francis Dam & reservoir, begins to fill with water [story]
Bouquet Reservoir
The California Department of Public Health launched the “Never a Bother” campaign, a youth suicide prevention public awareness and outreach campaign for youth, young adults, and their parents, caregivers, and allies.
California Launches New Youth Suicide Prevention Campaign
The Santa Clarita Master Chorale invites the community to "Let the Sunshine In," a delightful evening of food, wine and song at the annual Cabaret & Cabernet fundraising benefit.
April 20: Santa Clarita Master Chorale’s Cabaret, Cabernet Fundraiser
The Los Angeles County Department of Public Health cautions residents who are planning to visit the below Los Angeles County beaches to avoid swimming, surfing, and playing in ocean waters:
March 27 Ocean Water Warning
As an integral ingredient necessary to help the Santa Clarita Valley to flourish, feedback from the business community is the secret sauce for achieving great things.
SCVEDEC Asks For the Business Community’s Opinion on Santa Clarita
Raise your heart rate while raising funds for the Santa Clarita Sister Cities Dollars-for-Desks campaign to provide school desks for students in Sariaya, Santa Clarita's Sister City in the Philippines.
April 13: Sister Cities Zumba-thon Fundraiser
Remo, Inc. is is the world's leading manufacturer and developer of synthetic drumheads and shells. They’ve been in business for 60 years
SCVEDC Company Spotlight: Drumming Up Big Business with Remo, Inc.
California State Assemblywoman Pilar Schiavo (D-Chatsworth) and Assemblyman James Ramos (D-Highland) have introduced AB 3074 the "School or athletic team names: California Racial Mascots Act."
Schiavo Introduces Bill to Prohibit ‘Derogatory’ School Mascot Names
Los Angeles County’s Justice, Care and Opportunities Department  in collaboration with Local Initiatives Support Corporation Los Angeles is proud to announce the 2nd Annual Pitch Competition for the cohorts of JCOD's Incubation Academy.
March 28: JCOD Incubation Academy Helps Grassroots Non-Profits For the Second Year
Children’s Bureau is seeking foster families and now offers two virtual ways for individuals and/or couples to learn how to help children in foster care while reunifying with birth families or how to provide legal permanency by adoption.
April 18: Children’s Bureau Hosts Virtual Orientation
The Sunburst track was constructed in 1887 by the Southern Pacific Railroad and was a part of the main line running between San Francisco and Los Angeles.
Enjoy Spring With a Ride On The Sunburst Track
California State Superintendent of Public Instruction Tony Thurmond hosted a Personal Finance Summit today where he announced his support for Assembly Bill 2927 (McCarty), legislation that would require a personal finance education course for California high school graduation.
State Superintendent Announces Support for Personal Finance Graduation Requirement
1847 - Probable birth date of Pico Canyon oil driller Charles Alexander Mentry [story]
C.A. Mentry
The first Music Jam Session at The MAIN was held on Thursday, Feb. 22 and was a hit. Come out and join in for the next one on Thursday, March 28 7 p.m.-9 p.m.
March 28: The MAIN to Host Musicians’ Jam Session
Los Angeles County Inspector General Max Huntsman of the Office of Inspector General has issued a report entitled "Tenth Report Back on Implementing Body-Worn Cameras in Los Angeles County."
Office of Inspector General Issues Latest Report on LASD Body Cams
College of the Canyons women's tennis played to a convincing 7-2 conference win over Ventura College on Moica to strengthen its potential playoff resume.
Canyons Closes Out Ventura 7-2 in Final Home Match
Join the Santa Clarita Valley Chamber of Commerce with the Latino Business Alliance at the Cinco de Mayo Networking Celebration on Tuesday, May 7.
May 7: Latino Business Alliance Cinco de Mayo Celebration
SCVNews.com