LOS ANGELES — Arden Group here, parent of the 18-unit Gelson's chain, said second-quarter sales were negatively impacted by the earlier Easter and Passover holidays this year, as well as economic conditions and competition. Net income for the 13-week second quarter, which ended July 3, was down 16.6%, to $4 million, as sales slid 5.5%, to $102 million, compared with year-ago levels. Same-store sales also slid 5.5%. Operating income was down 14.5% for the period, to $6.7 million. The ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Salary Survey 2015

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.

Click here to read the FAQ page if you have any questions (opens in a new window)

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.

Already registered? here.