LOS ANGELES — Arden Group, parent company of Gelson's Markets, Encino, Calif., said it is implementing new marketing programs to retain and attract customers in the face of increased competition that generally reduced its financial results for the third quarter. Arden operates 18 upscale Gelson's stores. Net income for the 13-week quarter rose 13.5% to $4.7 million — due primarily to a significant reduction in expenses related to stock appreciation rights, the company noted — while sales ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.