SPRINGFIELD, N.J. — ShopRite operator Village Super Market here on Wednesday said higher expenses and lower gross margins caused profits in its fiscal first quarter to decrease by 13%, even with a boost from Hurricane Sandy-sparked sales. Sales for the quarter, which ended Oct. 27, increased by 4.5% to $358.2 million, and same-stores were up 2.6%. Village said same-store sales increased due to “very high sales” in the run-up to Hurricane Sandy. Same-store sales also ...

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.