BOISE, Idaho — Albertsons Cos. has tapped retail veteran Jim Donald, former president and chief executive officer of Starbucks Corp., to serve as its new president and chief operating officer. In his new role, Donald will have responsibility for the operations of the retailer’s more than 2,300 stores and will help drive the growth of
BOISE, Idaho — Food and drug retailer Haggen Inc., under Chapter 11 bankruptcy protection since last fall, is slated to become part of Albertsons LLC. Albertsons said late Monday that it has submitted a binding bid letter and form of asset purchase agreement to Haggen to acquire the retailer’s 29 core stores in Washington and
BOISE, Idaho — As Albertsons weighs staging an initial public offering it had originally planned for October, it is expanding with the purchase of 33 stores it had been forced last year to divest. A federal bankruptcy court last month approved the company’s purchase of the Haggen stores, which Albertsons had sold to win regulatory
BELLINGHAM, Wash. — Haggen Inc. has filed for Chapter 11 bankruptcy protection, as the food and drug retailer has struggled since expanding into California via the acquisition of Albertsons and Safeway stores late last year. The filing came a week after Haggen filed a lawsuit against Albertsons LLC and Albertsons Holdings LLC that seeks more
