Gelson's Parent's Yearend Results Pale Against '04
LOS ANGELES -- Arden Group, Inc. said yesterday that its fiscal 2004 year proved too hard to beat in fiscal 2005. The company, the parent of Gelson's Markets which operates 18 full-service supermarkets in Southern California, said sales were $470,354 in 2005 compared to $502,898 in 2004, a decrease of 6.5 percent. In 2004, the labor dispute affecting other supermarkets in Gelson's trade area had boosted Gelson's own performance at the time.