Arden Group Inc.: The Los Angeles-based parent...

Arden Group Inc.: The Los Angeles-based parent of Gelson’s and Mayfair supermarkets reported that second-quarter net income rose 20% to $6.1 million. Revenue totaled $174.7 million, down 2.5% from last year. The company said its profit was up despite the slight decline in revenue because of the shrinking of the Mayfair division and resulting efficiencies.