Haggen confirms sale of core stores to Albertson’s

Bankrupt grocer Haggen has announced it will sell its remaining core stores to Boise-based Albertson’s.

The Bellingham Herald reports that the agreement with Albertsons for about 30 stores in Washington and Oregon is subject to bankruptcy court approval and document finalization.

The Bellingham, Wash.-based grocery-store company also said last week that it will close four stores in the two states and lay off more than 250 people.

Haggen filed Chapter 11 bankruptcy in 2015 after buying nearly 150 stores from Albertsons so Albertsons could receive regulatory approval to merge with Safeway. Haggen struggled to convert the stores to its brand, and many of the stores have been auctioned.

This story was originally published March 15, 2016 at 12:26 PM with the headline "Haggen confirms sale of core stores to Albertson’s."