LOS ANGELES -- Arden Group here said sales rose 12.6% to $89.2 million in the 13-week fourth quarter and 9.5% to $324 million in the fiscal year, both ended Jan. 1. ened new stores in Sherman Oaks, Calif., in August, and in Santa Barbara, Calif., in October. Income, however, fell 7.1% to $2.6 million in the fourth quarter. The company said that was due to expenses incurred in opening the Santa Barbara store, costs incurred to make systems and equipment Y2K compliant and a payment to a ...
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