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Haggen finds another buyer for its stores
Gelson's Markets is joining Smart & Final on the acquisition of some Haggen properties in Southern California.
Gelson's, a regional supermarket chain operating in Southern California, announced it is bidding on eight Haggen locations across five counties: Los Angeles County (Santa Monica), Orange County (Laguna Beach, Ladera Ranch), Riverside County (Rancho Mirage), San Diego County (Carlsbad, Del Mar, Pacific Beach) and Ventura County (Thousand Oaks).
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New CEO can't save City Sports from Chapter 11 filing
Boston-based sporting goods retailer City Sports has filed for Chapter 11 bankruptcy protection and plans to liquidate at least a quarter of its stores.
According to the Wall Street Journal, City Sports said it has a deal with liquidators Tiger Capital Group to hold going-out-of-business sales at eight of the company’s 26 stores, which are scattered throughout the Northeast from Massachusetts to Washington, D.C.

