Business & Tech
Gelson's Grocery Chain Could Be Sold
Arden Group Inc., the upscale grocery store's parent, is exploring the sale of the chain.
Upscale grocery chain Gelson's Markets could be sold, the Los Angeles Times reported.
In a statement released Monday, the store's parent, Arden Group Inc., said it would "explore and evaluate strategic alternatives, which may include a possible sale," the Times reported.
The store has 16 locations in the Southland, including those in nearby Century City and West Hollywood.
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