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Company Description

Contact Info

733 Mountain Avenue

Springfield, NJ 07081

United States

Phone: 973-467-2200

Fax:

Village Super Market, Inc. operates a chain of supermarkets in New Jersey, eastern Pennsylvania, and Maryland. The company operates a chain of 29 ShopRite supermarkets, 18 of which are located in northern New Jersey, 8 in southern New Jersey, 2 in Maryland, and 1 in northeastern Pennsylvania. The company is a member of Wakefern Food Corporation (Wakefern), a retailer-owned food cooperative and owner of the ShopRite name. The company’s stores feature specialty departments, such as an on-site bakery, an expanded delicatessen, various natural and organic foods, ethnic and international foods, prepared foods and pharmacies. The company also has on-site registered dieticians in 15 stores that provide customers with free, private consultations on healthy meals and proper nutrition, as well as major health related events both in store and in the community as part of the Live Right with ShopRite program. The company’s greater Morristown store offers customers expanded services, including a culinary classroom, fitness studio, and a learning and childcare center. The company has 13 stores that offer ShopRite from Home covering majority of the communities served by the company’s stores. ShopRite from Home is an online ordering system that provides for in-store pickup or home delivery. Additionally, the company has commenced a mobile shopping pilot program at one store that allows in-store shoppers to scan and express pay for their purchases through its smart phone app. Wakefern The company owned 13.4% of Wakefern’s outstanding stock as of July 25, 2015. Wakefern and its 49 shareholder members operate 323 supermarkets and other retail formats, including 91 stores operated by Wakefern. Only Wakefern and its members are entitled to use the ShopRite name and trademark, and to participate in ShopRite advertising and promotional programs. Wakefern operates warehouses and distribution facilities in Elizabeth, Keasbey, Whitehouse, Dayton, Newark and Jamesburg, New Jersey and Gouldsboro and Breinigsville, Pennsylvania. Competition Some of the company's principal competitors include Pathmark, A&P, Stop & Shop, Acme, Kings, Wal-Mart, Target, Wegmans, Whole Foods, Costco, BJ’s, Giant, Safeway and Foodtown. History Village Super Market, Inc. was founded in 1933.

 

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Price/Earnings 18.0x
Price/Sales 0.3x
Price/Book 1.6x
Price/Cash Flow 8.9x
TEV/Sales 0.2x
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