SPRINGFIELD, N.J. -- Village Super Market here said net income jumped 104% to $284,000 in the 13-week first quarter ended Oct. 26, from $139,000 a year ago. lower depreciation and interest costs plus improved gross margin, which was boosted by an enhanced product mix, the 22-unit ShopRite operator reported. Remodeled stores lifted same-store sales, though the closing of a store in Florham Park, N.J., trimmed net income, the company added.

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.