| | Business Summary | | Foodarama
Supermarkets,
Inc.
operates
a
chain
of
22
supermarkets
located
in
Central
New
Jersey,
as
well
as
two
liquor
stores
and
two
garden
centers,
all
licensed
as
ShopRite.
The
Company
also
operates
a
central
food-processing
facility
to
supply
its
stores
with
meat,
various
prepared
salads,
prepared
foods
and
other
items,
and
a
central
baking
facility
that
supplies
its
stores
with
bakery
products.
Foodarama
is
a
member
of
Wakefern
Food
Corporation,
a
retailer-owned
food
cooperative
warehouse
in
the
United
States
and
owner
of
the
ShopRite
name. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Foodarama
Supermarkets
operates
a
chain
of
22
Shop-Rite
supermarkets
in
Central
NJ.
FSM
also
operates
two
liquor
stores
and
two
garden
centers.
For
the
26
weeks
ended
4/28/01,
sales
increased
9%
to
$462.5
million.
Net
income
increased
90%
to
$2.1
million.
Revenues
reflect
increased
same
store
sales
due
to
expansion,
along
with
the
opening
of
new
stores.
Earnings
reflect
decreased
promotional
expenses
and
an
improved
product
mix. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Joseph Saker, 72
Chairman,
CEO | $569K | Richard Saker, 49
Pres,
COO, Sec., Director | 753K | Michael Shapiro, 59
CFO,
Sr. VP, Treasurer | 309K | Joseph Troilo, 67
Sr.
VP of Financial Admin., Assistant Sec., Assistant Treasurer | -- | Carl Montanaro, 59
Sr.
VP of Sales and Merchandising | 207K | | Dollar amounts are as of 31-Oct-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/f/fsm.gif)