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Haggen Receives Approval of Sale: Gelson’s and Smart & Final and More

Haggen Receives Approval of Sale: Gelson’s and Smart & Final and More

Haggen to pull out of Southwest market: Will leave store closings in its wake

Haggen to pull out of Southwest market: Will leave store closings in its wake

Haggen today announced its plan to exit from the Pacific Southwest market and realign its operations around 37 core stores and one stand-alone pharmacy in the Pacific Northwest as part of the Chapter 11 process. As part of its previously announced plan to right-size the Company, Sagent Advisors, LLC has been actively working to explore […]

Pensions May Be Key to Stockton Bankruptcy Exit

Pensions May Be Key to Stockton Bankruptcy Exit

Bankrupt Stockton says it does not want to cut its biggest debt, pensions promised employees, because the CalPERS plan is needed to be competitive in the job market, particularly for a short-handed police force in the crime-ridden city. But despite Stockton’s wishes, during a hearing Oct. 1 on Stockton’s “plan of adjustment” to cut debt […]