Arden Group, Inc. Announces New Supermarket

Arden Group Inc. - $ARDNA |

  



Arden Group, Inc. (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.

 

 

Contact:
Arden Group, Inc.
Patricia S. Betance
Assistant Secretary
310-638-2842

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
DYTM Dynatem Inc n/a n/a n/a 0

Comments

Emerging Growth

Viking Energy Group Inc

Viking Investments Group Inc provides professional advisory and consulting services to companies undergoing or anticipating periods of rapid growth, change or ownership transition.

Private Markets

Voleo

Voleo is a free download that allows you to form investment clubs with your friends, family, colleagues, classmates, teammates…basically anyone you know and trust. Invest and manage a stock portfolio…

The Green Organic Dutchman

The Green Organic Dutchman Ltd. ("TGOD") produces farm grown, organic cannabis for medical use. The company grows its high quality organic cannabis in small batches using craft growing, all natural…