27 January 2015 (19:48 UTC-07 Tango 26 January 2015)/06 Rabi ‘ath-Thani 1436/07 Bahman 1393/08 Yi-Chou (12th month) 4712
In 2014 evil Cerberus Capital concluded a hostile $9.2-billion USD takeover of California based Safeway. The hostile takeover, which was challenged in court, was done through Idaho based Albertsons. Safeway was the second largest grocery store owner in the U.S., the Safeway family of grocery stores include California’s iconic Vons, and Mexico’s Casa Ley. It should be noted that part of the hostile takeover agreement is that Cerberus must sell off Safeway owned grocery store chains. Now Cerberus has sold off dozens of Vons.
In January 2013 evil Cerberus Capital Management became sole owner of Idaho based Albertsons. 14 stores were shut down in 2013, another 26 Albertsons were shutdown by the end of February 2014. Now, Cerberus has sold off dozens more Albertsons stores, as a result of the takeover of Safeway.
Cerberus has sold 146 Vons and Albertsons stores to a Washington based company called Haggen. The affected stores are located in Arizona, California, Nevada, Oregon and Washington. Already WARNs (Worker Adjustment and Retraining Notifications) have been issued in California announcing the shutdown of several grocery stores.
This is interesting because at the beginning of January a Haggen spokeswoman said this: “The stores will remain open during the conversions and there are no plans to close any stores. In California, I would expect to see conversions more toward July.”-Deborah Pleva
Oregon: Safeway shutting down their Clackamas regional office, due to the takeover by Cerberus owned Albertsons. 91 jobs lost by March.
California WARN list:
Arcadia Vons Pavillion SuperStore, shutdown on 18 March 2015, at least 168 jobs lost!
The 32 years old Hemet Vons shutdown on 28 December 2014, at least 55 jobs lost. Company administrators claimed it had nothing to do with the hostile takeover by Cerberus.
Marina Del Ray Albertsons, shutdown on 26 February 2015, at least 80 jobs lost.
Pleasanton Safeway headquarters will layoff at least 26 people by 13 February 2015.
San Diego Albertsons, shutdown on 26 February 2015, at least 63 jobs lost.
Pocatello’s Old Fred Meyer & Albertsons…did not close down in the 1990s