Village Super Market

Gross profit rose to 27.3 percent in quarter, compared with 26.6 percent last year, due to improved departmental gross margin percentages, lower promotional spending as a percentage of sales, and improved product mix.

Net income grew 9 percent, and sales grew nearly 11 percent, over the year-ago period.

Village Super Market, Inc. reported net income of $6,439,000 in the second quarter of its fiscal 2008, a 27 percent surge from the second quarter of the prior year. Net income improved mainly because of improved sales and gross profit percentages, noted the operator of ShopRite-bannered stores, based in Springfield, N.J.

Village Super Market, Inc. reported net income of $6,439,000 in the second quarter of its fiscal 2008, a 27 percent surge from the second quarter of the prior year. Net income improved mainly because of improved sales and gross profit percentages, noted the operator of ShopRite-bannered stores, based in Springfield, N.J.

SPRINGFIELD, N.J. -- Village Super Market, Inc. yesterday posted sales of $263,559,000 in the quarter ended Oct. 27, an increase of 4.8 percent from the first quarter of fiscal 2007.

SPRINGFIELD, N.J. -- Citing improved sales, higher gross profit percentages, and lower operating expenses as a percentage of sales, Village Super Market, Inc. here reported net income of $6,332,000 for the fourth quarter ended July 28, 2007, an increase of 26 percent from the year-ago period.

ELIZABETH, N.J., -- The 10 New Jersey and New York stores Wakefern Food Corp. here is purchasing from Quincy, Mass.-based Stop & Shop Supermarket Co. will be retrofitted on an accelerated timeline and reopened as ShopRite supermarkets owned and operated by various Wakefern cooperative members.

SPRINGFIELD, N.J. -- ShopRite operator Village Super Market, Inc. said yesterday that it expects to acquire the store fixtures, lease, and other assets of a soon-to-be former Stop & Shop in Absecon, N.J.