Wage, break issues spur class action lawsuits
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Haggen to sell remaining grocery stores
And then there were none. Albertsons plans to purchase 29 of 32 Haggen’s “core stores” in Oregon and Washington for a “base amount” of about $106.2 million, according to a March 11 bankruptcy filing. Haggen plans to sell its three remaining locations over the next 60 days. In less than a year and a half, Read More →
Compass expands online luxury real estate platform to SB, Montecito
A new online platform is poised to shake up the region’s luxury residential real estate market. New York-based Compass uses in-house software that aims to cut down on brokers’ administrative work and streamline listing updates. The startup recently announced that it is expanding into the Santa Barbara and Montecito markets. The South Coast is the Read More →
Entrepreneur loses out on Haggen store bid
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Haggen, Fresh & Easy closings leave Tri-Counties up for grabs
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Dubroff: Obama administration’s anti-trust efforts failing in Tri-Counties
Monopoly is a fun game — as long as you’re the winner. And so it is in the actual game of business, where monopoly has become the all-too-frequent outcome of mergers and acquisitions. It happened just a few months ago in the grocery business. Office supplies and pharmacies could be next. The grocery saga is Read More →
Goodbye to Haggen grocery stores
Wikipedia states that strategic bankruptcy occurs when an otherwise solvent company makes use of the bankruptcy laws for a specific business purpose. An example of this was in 2002 when Kmart filed a Chapter 11 bankruptcy. Kmart had a severe cash flow problem because it was locked into long-term leases at premium rates with respect Read More →
