Village Super Market, Springfield, N.J., said a charge for future lease obligations pushed net income down while sales increased for the second quarter, which ended Jan. 25.
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Net income for the 13-week quarter fell 69.1% to $2.8 million — due in part to a $2-million charge for future lease obligations due to the closure of a store in Morris Plains, N.J., and an $840,000 boost in the prior year’s ...
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