Washington grocer snaps up Las Vegas stores

A Pacific Northwest grocery chain that emphasizes fresh and organic products will open in Las Vegas by May or June.

That’s the timeline announced this week by the northwest Washington-based Haggen chain that’s acquiring a combined seven Vons and Albertsons in Southern Nevada. The four Vons and three Albertsons became available as part of a merger between the two grocery giants, Albertson’s LLC and Safeway.

It’s quite a leap for Haggen, which today operates 16 stores in Washington and two in Oregon. Overall, it’s acquiring 146 stores from the two grocers that will give it not only seven in Nevada but 10 in Arizona and 83 in California. Its presence in Washington and Oregon where it operates under the Haggen Northwest Fresh moniker will jump to 42 and 22, respectively.

The divestiture of stores is part of an agreement with the Federal Trade Commission, which is expected to sign off on the deal by the end of January.

“If there’s an Albertsons a half mile away from a Safeway, they want to make sure they don’t have the opportunity to monopolize the market by not offering healthy competition,” said Haggen spokeswoman Deborah Pleva.

Vons and Albertsons employees from those seven stores will have the opportunity to become Haggen employees. Each of the Haggen stores average about 100 employees and the company will go from 2,000 employees to more than 10,000 as part of the acquisitions. Six of the seven Nevada stores have pharmacies and those will remain open.

Company officials said plans call for the Nevada stores to be branded as simply Haggen for now. The acquisitions will be done on a store-by-store basis starting in the Pacific Northwest and followed by California. That leaves the Nevada and Arizona stores at the end of the acquisition process for logistical reasons, said Bill Shaner, the CEO of Haggen’s Pacific Southwest option that will be based in Orange County. He called the entry into Nevada an opportunity as part of a broader transaction.

Shaner said when he reviewed the stores in Nevada, he told executives the seven were a good fit and that Haggen would have to chance to compete in the Southern Nevada marketplace. Shaner called Nevada a diverse marketplace and describes the stores it will own as part of a mix that are based in middle-income as well as affluent areas.

“They are great stores and for the most part they are in very good locations, and they are good facilities and most importantly they have great store teams,” Shaner said. “We paid a fair price and that will enable us to compete with our prices sharp.”

Terms of the deal weren’t disclosed by Haggen, which was founded in 1933 and today has a majority of its shares owned by Comvest Partners.

When the stores are closed, Haggen said customers will be inconvenienced anywhere from 12 to 48 hours.

The stores must be closed to change exterior and interior signs, attach labeling to products it assumes as part of the acquisition, update scanners and do minor painting or other minor remodeling or where needed.

More extensive remodeling would be done over the course of the following 12 to 24 months but few stores need any extensive work, he said.

Customers will find the same products in the same place when the stores reopen following their brief closure, but Haggen will start its emphasis on organic produce and fresh meats, seafood, deli and bakeries, Shaner said.

The company also emphasizes local products from growers and manufacturers, he said.

“That’s how it Haggen differentiates itself from the marketplaces by its outstanding fresh presentation,” Shaner said. “We think there’s an opportunity in the stores that we’re acquiring in Las Vegas and serve a need that the existing store is not serving quite as well as we think Haggen will be able to do.”

Shaner said existing customers of those Vons and Albertsons will continue to shop as they do today. In citing one of the differences, for example, is how Haggen will have a bulk coffee presentation of different types from the region and around the world. There will also be an emphasis on healthier products with a focus on natural and organic, he said.

“We take the very best of what the Vons and Albertsons have today and sprinkle of what you might see in Whole Foods, a little bit of what you might see in a Sprouts (Farmers Market) and little what you might see in more upscale boutique-type stores, with the net result of customers being able to buy a wider variety to fit their needs. If right now they are going to an Albertsons and then they find the need to go to a Whole Foods, under Haggen we would be hopeful they can come to us and find everything they need. That’s our objective,” Shaner said.

Haggen has no other plans for expansion in Nevada at this time but instead is focusing on incorporating the seven stores, Shaner said.

ad-high_impact_4
Business
Mecum Car Auction in Las Vegas
The Mecum Auctions is held at the Las Vegas Convention Center. Bizuayehu Tesfaye/ Las Vegas Review-Journal @bizutesfaye
Construction underway for new Google Data Center
Henderson is slated to be home to a new Google data center in December 2020. The Governor’s Office of Economic Development approved $25.2 million in tax abatements for Design LLC, a wholly-owned subsidiary of Google. The company plans to build the data center on 64 acres of land on Warm Springs Road west of Boulder Highway.
Anthony Rufo talks about his new product, an in-home digital companion and monitor.
Anthony Rufo talks about his new product, HAPPIE Home technology, an in-home digital companion and monitor designed for unpaid family caregivers that gives personalized alerts, messages and reminders. Bizuayehu Tesfaye/Las Vegas Review-Journal @bizutesfaye
Holiday parades help bring shoppers to Downtown Summerlin
Sports Town USA floor manager Angela Gardonio talks about the work that goes into the Downtown Summerlin holiday parades and how they benefit her and other businesses there.
Final vote on CG Technology
Final commission vote on the $2 million settlement for CG Technology.
Happie Home Startup Establishing Headquarters In Las Vegas
Digital companion startup company Happie Home is establishing its headquarters in Las Vegas after receiving tax abatements from the Governor's Office of Economic Development on Nov. 15. (Bailey Schulz/Las Vegas Review-Journal)
A Facebook-branded space inside of Macy’s at the Fashion Show shopping center
A Facebook-branded space inside of Macy’s at the Fashion Show shopping center will showcase 13 small businesses in November and December and seven in January. Bizuayehu Tesfaye/Las Vegas Review-Journal @bizutesfaye
T-Mobile uses ticketing data to plan for event
T-Mobile Executive Director of Arena Operations explains how ticket sales data and demographics help plan staffing, vendors, parking and operations for an event.
Costco opens its doors in southwest Henderson
Costco has opened its fifth Las Vegas-area location near the intersection of St. Rose Parkway and Amigo Street. (K.M. Cannon/Las Vegas Review-Journal)
Las Vegas strip mall and office park
The Krausz Cos. and WG Group bought a strip mall and an office park in Las Vegas for nearly $80 million total. They acquired a portion of Tropicana Beltway Center in the southwest valley for $59 million. They also acquired the Westbay office complex in the Las Vegas Medical District. The buyers are former owners of The Gramercy, a once-mothballed mixed-use project in the Las Vegas suburbs. They sold The Gramercy in phases for more than $100 million.
Mario Barth talks about the growth of the tattoo industry
Celebrity tattoo artist and business owner Mario Barth talks about the growth of the tattoo industry at The World of Tattoo industry trade show at Planet Hollywood in Las Vegas
$7.5M Las Vegas pot dispensary opens near Las Vegas Strip
Planet 13, which bills itself as one of the largest dispensaries in the world, opened to the public Thursday. It has entertainment including an interactive floor and floating orbs. (K.M. Cannon/Las Vegas Review-Journal)
Caesars CEO to step down next year
Caesars Entertainment Corp. CEO Mark Frissora will leave the casino company in February. Frissora has been CEO since July 2015. He was named CEO right after Caesars' operating company filed for Chapter 11 bankruptcy protection Caesars Entertainment emerged from bankruptcy protection in October 2017 Before Caesars, Frissora spent seven years as chairman and CEO of Naples, Fla.,-based Hertz He led the consolidation of the rental-car industry through Hertz‘s acquisition of the Dollar Thrifty Automotive Group.
Planet 13 in Las Vegas adds twist to marijuana dispensary look
Planet 13, which bills itself as one of the largest dispensaries in the world, opened to the public Thursday. The dispensary is located near the intersection of Desert Inn Road and Sammy Davis Jr. Drive, near Trump International, in Las Vegas. Planet 13 has plans in the future for a coffee shop, a tasting room for marijuana-infused beer and wine, a lounge for consuming marijuana on site if that is legalized and space for food.
Caesars Entertainment opening 2 resorts in Dubai
Cove Beach will open on Meraas’ Bluewaters Island in Dubai in November and Caesars Palace Bluewaters Dubai and The Residences at Caesars Palace Bluewaters Dubai will open in December. (Caesars Entertainment)
Bellagio, MGM Resorts International’s luxury hotel turns 20
The more than 3,000-room Bellagio hotel is situated on the site of the former Dunes Hotel. The Dunes was imploded in 1993, and construction of the Bellagio started in 1996. It cost $1.6 billion to build, making it the most expensive hotel in the world at the time. The Bellagio was former Wynn Resorts Ltd. Chairman and CEO Steve Wynn’s second major casino on the Strip after The Mirage. MGM Resorts International acquired the property from Steve Wynn in 2000. (Tara Mack/Las Vegas Review-Journal)
Facial recognition software at G2E – Todd Prince
Shing Tao, CEO of Las Vegas-based Remark Holdings, talks about his facial recognition product. (Todd Prince/Las Vegas Review-Journal)
Former NBA player, Shaquille O'Neal, speaks about his new Las Vegas chicken restaurant
Former NBA player, Shaquille O'Neal, speaks about his new Las Vegas chicken restaurant. Bizuayehu Tesfaye/Las Vegas Review-Journal @bizutesfaye
Bobby Baldwin to leave MGM
MGM Resorts International executive and professional poker player Bobby Baldwin is set to leave MGM.
Caesars has new armed emergency response teams
Caesars Entertainment Corp. has created armed emergency response teams. They are composed of former military and law enforcement officials. "These teams provide valuable additional security capabilities,” Caesars spokeswoman Jennifer Forkish said. Caesars is hiring Security Saturation Team supervisors, managers and officers, according to LinkedIn. The company did not say how many people it plans to hire for the units. (Las Vegas Review-Journal)
Las Vegas, airlines prepare for CES
CES in January is expected to attract more than 180,000 attendees. (Las Vegas Review-Journal)
AGS partners with Vegas Golden Knights
AGS is the nation’s second-largest manufacturer of Class II slot machines used primarily in tribal jurisdictions. It announced a marketing partnership with the Vegas Golden Knights NHL team. (Las Vegas Review-Journal)
Lehman Brothers bet big on Las Vegas
Lehman Brothers collapsed 10 years ago, helping send the country into the Great Recession.
Fremont9 opens downtown
Fremont9 apartment complex has opened in downtown Las Vegas. (Marcus Villagran/Las Vegas Review-Journal) @marcusvillagran
Ross & Snow launches in Las Vegas
Luxury shoe brand Ross & Snow has opened in Las Vegas, featuring "functional luxury" with premium shearling footwear. (Bailey Schulz/Las Vegas Review-Journal)
Remote Identification and Drones
DJI vice president of policy and public affairs discusses using remote identification on drones. (Bailey Schulz/Las Vegas Review-Journal)
Drones and public safety in Nevada
Two representatives in the drone industry discuss UAV's impact on public safety. (Bailey Schulz/Las Vegas Review-Journal)
Frontier Airlines to launch flights from Las Vegas to Mexico
Frontier, a Denver-based ultra-low-cost carrier, will become the first airline in more than a decade to offer international service to Canada and Mexico from Las Vegas when flights to Cancun and Los Cabos begin Dec. 15. (Rick Velotta/Las Vegas Review-Journal)
MGM Resorts International CEO Jim Murren addresses Oct. 1 lawsuits
MGM Resorts International Chairman and CEO Jim Murren addresses criticism his company has received for filing a lawsuit against the survivors of the Oct. 1 shooting. (K.M. Cannon/Las Vegas Review-Journal)
MGM Resorts International opens the doors on MGM Springfield
Massachusetts’ first hotel-casino opens in downtown Springfield. The $960 million MGM Springfield has 252 rooms and 125,000-square-feet of casino. (K.M. Cannon/Las Vegas Review-Journal)
TOP NEWS
News Headlines
Add Event
Home Front Page Footer Listing
Circular
You May Like

You May Like