LOS ANGELES — Unified Grocers here said last week that its profits and sales were down in 2011 after the loss of a member, some store closures and other factors. The cooperative wholesaler said net income fell 32.7% for year, to $7.4 million, compared with year-ago results, and sales declined 1.9%. The fiscal year ended Oct. 1. Unified attributed the profit decline to the lower sales levels, lower investment performance driven by lower returns in ...
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