Haggen Sues Albertsons

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That Albertsons-Haggen deal continues stumbling down the aisle of disaster. First, Albertsons sued the Haggen grocery chain in July alleging it had failed to pay for more than $36 million of inventory. Now, Haggen is suing Albertsons for $1 billion, accusing the grocer of sabotaging its efforts to succeed in California and four other states, the Los Angeles Daily News reports. Haggen claims Albertsons caused Haggen to inflate store prices – after providing misleading pricing data – which led it to close 26 of the stores it acquired. Albertsons says the lawsuit is “without merit.”

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