SPRINGFIELD, N.J. -- Village Super Market here, operator of 22 ShopRite stores in New Jersey and eastern Pennsylvania, reported a 57% increase in net income for the fourth quarter of fiscal 1997. .8 million reported in the previous fourth quarter. Same-store sales improved 2% in the quarter. Perry Sumas, president, said the increase in fourth-quarter net income was due to the improvement in same-store sales, as well as lower operating costs. Same-store sales improved primarily because of ...

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.