Village Super Market, Inc. Provides Guidance for the Same Store Sales in Fiscal 2021
June 03, 2021 at 08:00 am
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Village Super Market, Inc. provides guidance for the same store sales in fiscal 2021. The Company expects same store sales in fiscal 2021 to range from an increase of 1.0% to 2.0% compared to fiscal 2020. New stores and replacement stores are included in same store sales in the quarter after the store has been in operation for four full quarters.
Village Super Market, Inc. is engaged in the retail sale of food and nonfood products. It operates a chain of approximately 34 supermarkets under the ShopRite and Fairway names in New Jersey, Maryland, New York and eastern Pennsylvania and four specialty markets under the Gourmet Garage name in New York City. It is a member of Wakefern Food Corporation (Wakefern), a retailer-owned food cooperative and owner of the ShopRite, Fairway and Gourmet Garage names. Wakefern operates supermarkets and other retail formats. It offers a variety of food products, including grocery, meat, produce, dairy, deli, seafood, prepared foods, bakery, and frozen foods as well as non-food product offerings, including health and beauty care, general merchandise, liquor, and 21 in-store pharmacies. Its Fairway Markets offer various natural, organic, specialty and gourmet products. Its Gourmet Garage specialty markets provides soups and prepared foods, meat and seafood, and charcuterie and gourmet cheeses.
VILLAGE SUPER MARKET, INC. 
