NEW STORE BOOSTS SALES FOR VILLAGE SUPER MARKETS; EARNINGS ALSO UP

SPRINGFIELD, N.J. -- Village Super Markets here said sales increased 3.5% anda member of the Wakefern Food Cooperative, which operates 22 ShopRite stores in New Jersey and Pennsylvania, said a new store in West Orange, N.J., helped boost sales to $198 million, up from $191.3 million. Not including the new store sales were up 2.6%. Net income of $2.2 million, up 9% from $2.0 million, increased as a

SPRINGFIELD, N.J. -- Village Super Markets here said sales increased 3.5% and

a member of the Wakefern Food Cooperative, which operates 22 ShopRite stores in New Jersey and Pennsylvania, said a new store in West Orange, N.J., helped boost sales to $198 million, up from $191.3 million. Not including the new store sales were up 2.6%. Net income of $2.2 million, up 9% from $2.0 million, increased as a result of lower operating costs as a percentage of sales and a lower tax rate.

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