Friday, October 9, 2015

Grocery chain Haggen is leaving California, Nevada and Arizona

Looks like cheap debt lead them this way.  That's just a guess.
Haggen Inc. is leaving California after a dramatic expansion gone wrong forced the grocery chain to file for bankruptcy protection this month.

The Bellingham, Wash., company said Thursday that it is closing all its stores in the state as part of a larger exit of its Pacific Southwest holdings, including in Arizona and Nevada. That would affect at least 100 outlets, with 67 in California. That follows the closure of 27 stores announced last month, including 16 in the Golden State.

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