Arden Group, Inc. Announces New Supermarket
September 30 2013 - 1:00PM
Business Wire
Arden Group, Inc. (Nasdaq:ARDNA) announced that its wholly-owned
subsidiary, Gelson’s Markets (Gelson’s), has entered into a lease
for a new supermarket location in La Cañada Flintridge, California.
The remodel and actual opening of the location is subject to, among
other things, necessary governmental approvals. Gelson’s is
scheduled to take possession of the property on December 1, 2013
and anticipates opening a new supermarket at that location in
February 2014. Gelson’s currently operates sixteen full-service
supermarkets in Southern California with another one scheduled to
open in November 2013 in Long Beach, California.
The Private Securities Litigation Reform Act of 1995 provides a
safe harbor for forward-looking statements made by or on behalf of
Arden Group, Inc. (Company). Certain statements contained in this
Current Report on Form 8-K are forward-looking statements. These
statements discuss, among other things, a future store opening
which may or may not be accomplished. These forward-looking
statements reflect the Company’s current plans and expectations and
are based on information currently known to the Company. The
Company cautions readers that any forward-looking statements
contained in this Current Report involve risks and uncertainties
and are subject to change. The Company does not undertake any
obligation to update forward-looking statements.
Arden Group, Inc.Patricia S. BetanceAssistant
Secretary310-638-2842
Arden (NASDAQ:ARDNA)
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