Village Super Market

Village Super Market, Inc. operates a chain of retail sale of food and nonfood products. The company was founded by Nicholas Sumas and Perry Sumas in 1937 and is headquartered in Springfield, NJ.

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Village Super Market, Inc. engages in the retail sale of food and nonfood products. The company was founded by Perry Sumas in 1937 and is headquartered in Springfield, NJ.

SPRINGFIELD, N.J., June  03, 2020  (GLOBE NEWSWIRE) -- Village Super Market, Inc. (NASDAQ:VLGEA) (the "Company" or "Village") today reported its results of operations for the third quarter ended April 25, 2020.

Village Super Market, Inc. Reports Results for the Third Quarter Ended April 25, 2020

Village Super Market: A COVID-19 Safety Net

SPRINGFIELD, N.J., March  31, 2020  (GLOBE NEWSWIRE) -- On March 25, 2020, Village Super Market, Inc. (“Village” or the “Company”) entered into a revised Asset Purchase Agreement (“APA”) with Fairway Group Holdings Corp. and certain of its subsidiaries (“Fairway”) to acquire certain assets, including five supermarkets, a production distribution center (the “PDC”) and the intellectual property of Fairway, including the names “Fairway” and “Fairway Markets.”  Four of the supermarkets are in Manhattan, specifically the Upper West Side, Upper East Side, Kips Bay and Chelsea locations, and a fifth store is located in Pelham, NY.  Village has agreed to pay $76.0 million for the Fairway assets, subject to closing adjustments set forth in the APA, and to assume certain liabilities, consisting primarily of those arising from acquired leases.  Village’s cash purchase price will be reduced by a $2.1 million credit arising from the breakup of Village’s initial “stalking horse” bid.  The acquisition is subject to the approval of the United States Bankruptcy Court for the Southern District of New York at a hearing currently scheduled for April 14, 2020 and other closing conditions set forth in the APA.    

VILLAGE SUPER MARKET, INC. NAMED A SUCCESSFUL BIDDER IN THE BANKRUPTCY AUCTION TO ACQUIRE CERTAIN ASSETS OF FAIRWAY

Amazon

Amazon.com Inc. and Shop Rite parent Village Super Market Inc. have bought Fairway assets in a bankruptcy auction, The Wall Street Journal reports.

Amazon, Shop Rite parent snap up Fairway assets in bankruptcy auction

SPRINGFIELD, N.J., March  13, 2020  (GLOBE NEWSWIRE) -- The Board of Directors of Village Super Market, Inc. (NSD-VLGEA) declared quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share. The dividends will be payable on April 23, 2020 to shareholders of record at the close of business on April 2, 2020.

Village Super Market, Inc.  Declares Quarterly Dividend

Assessing Whether Village Super Market Is Close To A Long-Term Bottom

Village Super Market, Inc.: Growing Through Fairway's Misfortune

VLGEA's current dividend yield of 4.24% is quite appealing in the current interest rate environment.

Turning Frustration Over Long Lines Into Alpha With Village Super Market

SPRINGFIELD, N.J., Dec.  13, 2019  (GLOBE NEWSWIRE) -- The Board of Directors of Village Super Market, Inc. (NSD-VLGEA) declared quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share. The dividends will be payable on January 23, 2020 to shareholders of record at the close of business on January 2, 2020.

Village Super Market, Inc. - Declares Quarterly Dividend

SPRINGFIELD, N.J., Sept.  16, 2019  (GLOBE NEWSWIRE) -- The Board of Directors of Village Super Market, Inc. (NSD-VLGEA) declared quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share. The dividends will be payable on October 24, 2019 to shareholders of record at the close of business on October 3, 2019.

Village Super Market, Inc. Declares Quarterly Dividend and Authorizes an Increase in the Share Repurchase Program

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