retail news in context, analysis with attitude

• Arden Group, parent company to Gelson’s Markets, reported that its third quarter sales were $114 million, down from $119 million during the same period a year ago, on same-store sales that were off 4.4 percent. Q3 net income was $$4.1 million, down from $8.9 million a year ago.


• Walgreen Co. reported that it had October sales of $5.2 billion, up 6.8 percent from $4.8 billion during the same period a year ago, on same-store sales that were up two percent.

KC's View: