Village 1Q sales up but expenses weigh on profits

Village 1Q sales up but expenses weigh on profits

Village Super Market on Wednesday said sales and comps were up by 2.6% in the fiscal first quarter but higher expenses for payroll, benefits and training weighed on profits.

The Springfield, N.J., operator of 29 ShopRite stores said sales for the period ended Oct. 24 totaled $389.5 million. Comp sales improved primarily due to larger replacement stores in Morristown and Union, N.J., and the expansion of a store i

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