Village Super Market, Inc. operates a chain of supermarkets in the United States. Its stores feature specialty departments, such as an on-site bakery, an expanded delicatessen; and various natural and organic foods, ethnic and international foods, prepared foods, and pharmacies. The company operates a chain of twenty-nine ShopRite supermarkets, five Fairway Markets, and three Gourmet Garage specialty markets located in New Jersey, New York, Pennsylvania, and Maryland. Village Super Market, Inc. was founded in 1937 and is based in Springfield, New Jersey.
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Here are 1-3 brief analogies for Village Super Market (VLGEA):
- A regional Kroger.
- The Publix of the Northeast.
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- Groceries: A wide assortment of fresh produce, meat, dairy, baked goods, frozen foods, and pantry staples.
- Prepared Foods & Deli Items: Ready-to-eat meals, deli meats, cheeses, and various salads prepared in-store.
- Pharmacy Services: Prescription fulfillment, over-the-counter medications, and health-related products.
- General Merchandise: A selection of non-food items including household essentials, health and beauty products, and pet supplies.
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Village Super Market (symbol: VLGEA) sells primarily to individuals.
The company serves the following categories of customers:
- Local Households and Families: This forms the core customer base, comprising individuals and families residing in the communities surrounding Village Super Market's stores who purchase groceries for daily and weekly consumption.
- Value-Conscious Consumers: Customers who prioritize competitive pricing, sales, promotions, and loyalty programs to maximize their savings on grocery purchases.
- Convenience-Oriented Shoppers: Individuals and households seeking efficient shopping experiences, easy meal solutions, prepared foods, and quick access to essential items.
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John J. Sumas, Chief Executive Officer
John J. Sumas is set to become CEO of Village Super Market on December 13, 2024, succeeding Robert Sumas. He has been with Village Super Market since 1987, holding various positions including chief operating officer, general counsel, and vice president. He has also served as a director of the company since 2009 and as co-president since 2018.
Nicholas Sumas, President & Chairman
Nicholas Sumas will assume the role of President and Chairman, effective December 13, 2024. He joined Village Super Market in 1994 and has held leadership positions such as chief marketing officer and vice president. He has also served as a director of the company since 2009 and as co-president since 2018. Additionally, he is an executive officer and board member of Wakefern Food Corporation.
John L. Van Orden, Chief Financial Officer & Treasurer
John L. Van Orden is the Chief Financial Officer and Treasurer for Village Super Market, Inc. He has served as CFO and Treasurer since 2014. Prior to this, he was the Controller and Principal Accounting Officer for the company from 2011 to 2014. Mr. Van Orden is a Certified Public Accountant and previously held several positions at KPMG LLP.
Robert Sumas, Senior Advisor to the Executive Team & Board Member
Robert Sumas will step down as CEO and interim Chairman on December 13, 2024, and transition to a role as a senior advisor to the executive team and will remain on the board of directors. He has been with Village Super Markets since 1969, holding numerous leadership positions, including executive vice president, chief operating officer, secretary, and a director of the company. He served as CEO and vice chairman of the company's board since 2017 and was president from 2009 to 2018.
John P. Sumas, Executive Vice President, Secretary & Director
John P. Sumas has served as Executive Vice President, Secretary, and Director of Village Super Market Inc. since 1989. He also previously served as a vice-president and director in 1982, and on one of Wakefern's committees.
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The main products and services offered by Village Super Market (symbol: VLGEA) include a comprehensive range of supermarket items such as groceries, meat, produce, dairy, deli, seafood, prepared food products, bakery, and frozen food products. They also provide non-food items like health and beauty care, general merchandise, liquor, and pharmacy products. Additionally, Village Super Market offers online ordering, curbside pickup, and home delivery services.
Village Super Market's operations are primarily concentrated in the northeastern United States, specifically in New Jersey, Pennsylvania, Maryland, and New York.
The addressable market for these products and services at a national level (U.S.) is substantial:
- The United States food and grocery retailing market was valued at approximately USD 1.74 trillion in 2024. This market is projected to reach a valuation of USD 2.41 trillion by 2034, demonstrating a compound annual growth rate (CAGR) of 3.30% during the forecast period of 2025-2034.
- The US online grocery market alone was valued at USD 203.0 billion in 2025 and is estimated to reach USD 712.2 billion by 2034, with a CAGR of 14.97% from 2026-2034.
While a specific aggregate market size figure for the Northeast region itself is not readily available, the Northeast accounts for approximately 19% of the U.S. population, representing about 65 million consumers. The grocery industry in this region is recognized as a significant and attractive market, characterized by a diverse landscape of regional players and a strong emphasis on local brands, fresh produce, and community engagement.
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Here are 3-5 expected drivers of future revenue growth for Village Super Market (VLGEA) over the next 2-3 years:
- Expansion of Digital Sales and E-commerce Capabilities: Village Super Market has demonstrated robust growth in its digital sales, with a 10% increase reported in Q3 FY2025. This indicates a continued focus on and success in online ordering, delivery, and pickup options, which are expected to contribute to future revenue growth.
- Strategic Store Modernization and Replacement Program: The company is actively replacing older stores with larger, more modern facilities and undertaking remodeling projects for existing locations. This strategy, exemplified by the opening of a new 72,000 sq. ft. ShopRite replacement store in Watchung, NJ, and other replacement stores, is designed to enhance the customer experience, boost sales, and improve profitability.
- Sustained Same-Store Sales Growth: Village Super Market has consistently reported increases in same-store sales, with a 1.9% rise in Q3 FY2025. This growth is driven by a combination of factors including continued momentum in recently remodeled stores, higher pharmacy sales, and consistent customer traffic, all of which contribute to increased transaction values.
- Benefits from Inflationary Pricing: While an external economic factor, inflation, particularly in key departments such as meat and dairy, has contributed to the company's sales growth. This trend, if it continues, could further drive revenue increases in the near future.
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Share Repurchases
- Village Super Market repurchased $2.211 million in shares during fiscal year 2024.
- As of October 9, 2025, the company had $1.349 million remaining under its existing share repurchase program.
Outbound Investments
- As of July 26, 2025, Village Super Market had invested $17.694 million in a real estate partnership for the development of a retail center in Old Bridge, New Jersey, with no further equity investment expected for this project.
- The company made an investment of $6.480 million in a real estate partnership for the development of a retail center in Old Bridge, New Jersey, during fiscal 2024.
- Village Super Market maintains an investment in Wakefern and its affiliates, totaling $32.207 million as of July 26, 2025.
Capital Expenditures
- Village Super Market has budgeted $75.0 million for capital expenditures in fiscal year 2026, focusing on the construction of replacement stores in East Orange, NJ (expected to open in fiscal 2026) and another in fiscal 2027, along with smaller remodels, merchandising initiatives, and technology/equipment/facility upgrades.
- In fiscal year 2025, capital expenditures amounted to $58.765 million, primarily allocated to the construction of a new replacement store in Watchung, NJ, a future replacement store in East Orange, NJ, the purchase of real estate for the Springfield, NJ store, and various store upgrades.
- Fiscal year 2024 saw capital expenditures of $63.113 million, mainly directed towards the construction of the Old Bridge replacement store and a minor remodel of the Millburn, NJ ShopRite.