Sales, Earnings Slow for Village

Same-store sales growth slowed and net income decreased at Village Super Markets here during the fourth quarter, and the company expected those trends would continue into the 2010 fiscal year. The retailer, which operates 26 ShopRite supermarkets in New Jersey and Pennsylvania, po

SPRINGFIELD, N.J. — Same-store sales growth slowed and net income decreased at Village Super Markets here during the fourth quarter, and the company expected those trends would continue into the 2010 fiscal year.

The retailer, which operates 26 ShopRite supermarkets in New Jersey and Pennsylvania, posted same-store sales of 4.8% for the fiscal year, but 1.8% in the fourth quarter, which ended July 25. The company attributed slower growth to deflation in certain commodities and

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