LOS ANGELES -- Arden Group here, parent of the 18-unit Gelson's Markets chain, said its fourth-quarter net income more than doubled, to $7.5 million, on a 79.2% increase in sales, to $186.2 million, which the company attributed primarily to the labor dispute that affected the major chains in Southern California. he three major chains, but workers late last month ratified a new agreement. A UFCW spokesman told SN the vote in favor of the new agreement was more than 70%. In the first vote a ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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 grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.