Village Profits Down on Flat Sales

ShopRite operator Village Super Market said profits declined in the recently ended first quarter amid higher promotional spending and flat same-store sales.

SPRINGFIELD, N.J. — ShopRite operator Village Super Market here said profits declined in the recently ended first quarter amid higher promotional spending and flat same-store sales.

For the quarter ending Oct. 30, net income was down 13%, to $3.93 million, while total sales were up 1.5%, to $307.4 million. A replacement store in Washington, N.J., was cited for driving th

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