Update on Bankruptcy Sales of Local Area Haggen Stores in Ventura County
/Last month we heard that Gelson's was looking to buy eight former Haggen stores and Smart & Final sought 28 stores. These deals have been approved by the bankruptcy court, so you can look forward at some point soon to a Gelson's at 1736 E. Avenida De Los Arboles in Thousand Oaks and Smart & Final Extra! stores at 5770 Lindero Canyon Road, Westlake Village, 2100 Newbury Road, Newbury Park and 5135 Los Angeles Avenue, Simi Valley.
UPDATE 11/25/15: Haggen announced in a press release that the following stores were indeed approved for sale by the U.S. Bankruptcy Court.
That leaves four remaining Ventura County former Haggen stores up for bid, and they indeed were bid on last week. Here are the winning bidders that are now awaiting court approval for their offers, as summarized by OregonLive.com:
- Camarillo (2400 Las Posas Road) - Donahue Schriber Realty Group (the owner of the Camarillo Village Square) - The back-up bidder is Super A Foods, Inc. We will have to get clarification as to what will reside in this store.
- Simi Valley (2800 Cochran) - Sprouts Farmers Market
- Simi Valley (660 E. Los Angeles Ave) - Stater Bros. Markets
That leaves the former Oxnard store at 920 N. Ventura Road
The sale hearing is planned for November 24th.
In an ironic plot twist, Albertson's was named as the winning bidder on 33 former Haggen locations, though none in the local Ventura County area. In December 2014, Haggen purchased 146 Albertsons, Vons and Pavilions stores in five states, including 83 in California, that eventually led to this big bankruptcy mess!