August 20, 2014 4:36 PM ET

Food and Staples Retailing

Company Overview of Gelson's Markets, Inc.

Company Overview

Gelson's Markets, Inc. operates a chain of supermarkets in California. The company provides meat, seafood, and deli products; and wine and liquor. It also offers recipes, gifts, and gift baskets; and plants and floral design, and nutritious information services. In addition, it offers catering services. The company was founded in 1951 and is headquartered in Encino, California. Gelson's Markets, Inc. operates as a subsidiary of Arden Group Inc.

16400 Ventura Boulvard

Suite 240

Encino, CA 91436-2123

United States

Founded in 1951

Phone:

818-906-5700

Fax:

818-788-4018

Key Executives for Gelson's Markets, Inc.

Chief Executive Officer and President
Co-Founder and Chairman
Age: 89
Co-Founder
Senior Vice President of Store Operations
Senior Vice President of Grocery Purchasing
Compensation as of Fiscal Year 2014.

Gelson's Markets, Inc. Key Developments

True Drinks, Inc. Announces Distribution Partnerships with Albertson, Bristol Farms, Gelson's, Winco and Ralphs

True Drinks, Inc. announced that the company has expanded its distribution of AquaBall Naturally Flavored Water within its home market of Southern California by gaining distribution with Albertsons, Bristol Farms, Gelson's, WinCo and the Kroger banner Ralphs. This expansion adds 397 new outlets of availability. True Drinks currently conducts business with a host of Southern California retailers including Food 4 Less and Safeway's collection of banners including Vons, and Pavilions.

Gelson's Markets Announces New Supermarket

Arden Group, Inc. announced that its wholly-owned subsidiary, Gelson's Markets, 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.

Gelson's Markets, Inc. Announces Pasadena Store Closure

Arden Group, Inc. announced that Gelson's Markets, has given notice of termination of its Pasadena lease in accordance with the lease terms and intends to close its Pasadena store on or about July 21, 2013.

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