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Home > Company Index > Retail > Grocery Retailing > Village Super Market, Inc.

Village Super Market, Inc.
Nasdaq: VLGEA
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 PROFILE
It may take a village to raise a child, but it took the Sumases to raise the Village. Run by the Sumas family since its founding in 1937, Village Super Market operates a chain of 22 ShopRite supermarkets in New Jersey and one in Pennsylvania. It also operates a former ShopRite under the Village Market name, but plans to close it. Village Super Market is a member of Wakefern Food, the largest retailer-owned food cooperative in the US and owner of the ShopRite name. The affiliation gives Village Super Market economies of scale in purchasing, distribution, and advertising. Most of the company's outlets are superstores averaging 58,000 sq. ft. The Sumas family controls nearly 70% of Village Super Market's voting stock.

 COMPETITION
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 FINANCIAL OVERVIEW
Fiscal Year-End: July
2000 Sales (mil.): 803.40
1-Yr. Sales Growth: 4.6%
Employees: 3,650
Revenue per employee: $220,109.59

 KEY PEOPLE
• Perry Sumas
    CEO
• Kevin Begley
    CFO

 CONTACT INFO
733 Mountain Ave.
Springfield, NJ 07081
US
Phone: 973-467-2200
Fax: 973-467-6582

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