VILLAGE NET DECLINES 87% IN QUARTER

SPRINGFIELD, N.J. -- Village Super Market, a ShopRite operator based here, said net income fell 87% to $157,000 in the second quarter ended Jan. 22.-quarter income declined slightly as a result of higher expenses, principally promotional costs and an inventory charge, said Perry Sumas, president.Sales at the 24-unit operation rose 0.9% in the 13-week quarter to $176.7 million, from $175.1 million.

SPRINGFIELD, N.J. -- Village Super Market, a ShopRite operator based here, said net income fell 87% to $157,000 in the second quarter ended Jan. 22.

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