Arden Posts 2.6% Comps in Q4

Arden Group, parent company of 18 Gelson’s Markets, said economic conditions, increased competition and increased food prices pressured sales and earnings for the 14-week fourth quarter, which ended Jan. 3, though sales and earnings increased slightly.

LOS ANGELES — Arden Group, parent company of 18 Gelson’s Markets, said economic conditions, increased competition and increased food prices pressured sales and earnings for the 14-week fourth quarter, which ended Jan. 3, though sales and earnings increased slightly.

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