VLGEANasdaqRetail-Grocery StoresUS GAAP · USD

Village Super Market, Inc

Village Super Market is a U.S. supermarket operator founded in 1937 that runs 34 supermarkets in New Jersey, New York, Maryland and Pennsylvania under the ShopRite and Fairway banners, plus three Gourmet Garage specialty markets in New York City. It is the second largest member of Wakefern Food Corporation, a retailer-owned food cooperative that supports its purchasing, distribution, technology and marketing needs.

Revenue2,406m USD
+3.7 %y/y
Operating profit (EBIT)64.3m USD
−10.8 %y/y
EBIT margin2.7%
−0.4 ppy/y
Net income52.5m USD
−7.0 %y/y
Free cash flow55.1m USD
+59.8 %y/y

Fiscal year 2026 · change from previous year

Development 2021–2026

05001,0001,5002,0002,500m USD2021: 2,030 m USD2021: EBIT 29 m USD20212022: 2,061 m USD2022: EBIT 39 m USD20222023: 2,167 m USD2023: EBIT 66 m USD20232024: 2,237 m USD2024: EBIT 62 m USD20242025: 2,321 m USD2025: EBIT 72 m USD20252026: 2,406 m USD2026: EBIT 64 m USD20262,40664
RevenueOperating profit (EBIT)

Business

Share of revenue
Supermarket grocery retail85 %

Core grocery store sales across ShopRite and Fairway supermarkets.

Fresh and prepared foods10 %

Deli, bakery, meat, produce and prepared food offerings sold in-store.

Specialty grocery retail3 %

Gourmet Garage stores focused on specialty and urban grocery shopping.

Digital and omnichannel services2 %

Online ordering, pickup, home delivery and app-based ordering services.

Products

Reported · share of revenue
59.6%35.9%FY2025100 %
  • Center Store59.6 %
  • Fresh35.9 %
  • Pharmacy4.0 %
  • Other Product0.4 %

Source: 10-K FY2025, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.

Customers

Village serves household grocery shoppers who buy everyday food and household essentials through neighborhood supermarkets. It also serves urban and specialty-food customers through Fairway and Gourmet Garage, where assortment, convenience and prepared foods matter more. Loyalty-program users and online shoppers are important because they support repeat visits, targeted promotions and digital ordering.

Household grocery shoppers

Buy everyday groceries, fresh foods and household essentials for regular consumption.

Value-oriented supermarket customers

Shop for competitive pricing, promotions and broad assortment in a local store format.

Loyalty-program members

Use Price Plus and Fairway Insider for discounts, coupons and targeted offers.

Online grocery customers

Order groceries for pickup or delivery through store apps and websites.

Specialty and urban shoppers

Buy premium, specialty and convenience-oriented food items at Fairway and Gourmet Garage.

Strategy

Village’s strategy centers on operating neighborhood supermarkets with broad assortment, competitive pricing and strong customer service while using Wakefern’s cooperative scale for purchasing and support. It also invests in replacement stores, remodels, technology and omnichannel capabilities to keep stores relevant and convenient for local shoppers.

Store replacement and remodel programMedium term

Modern stores support traffic, merchandising and long-term neighborhood relevance.

Omnichannel grocery convenienceMedium term

Pickup, delivery and app ordering help retain customers as shopping habits shift.

Wakefern integration and scale benefitsLong term

Cooperative purchasing and shared services improve assortment and operating efficiency.

Geography

Village’s store base is concentrated in the U.S. Northeast and Mid-Atlantic, with most locations in New Jersey and New York and smaller footprints in Maryland and Pennsylvania. That concentration makes the business highly dependent on local consumer spending, labor markets, weather and regional competitive conditions. Its operations are also tied to Wakefern’s regional supply, distribution and support infrastructure.

Risks

Village faces intense supermarket competition, where pricing, promotions and store openings can quickly pressure traffic and margins. Its business is also exposed to regional concentration in the Northeast, dependence on Wakefern, labor union agreements, food safety, cybersecurity and pension obligations.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Competitive pricing pressure1Wakefern dependence2Labor relations and pension obligations3Food safety and cybersecurity4Geographic concentration5
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Competitive pricing pressureImpact: HighLikelihood: Medium

    The supermarket market is crowded and customers can switch to many formats.

    ExposureStore trafficGross marginPromotional intensity
  2. Wakefern dependenceImpact: HighLikelihood: Medium

    Village buys substantially all merchandise from Wakefern and relies on its services.

    ExposureSupply continuityCost structureOperating support
  3. Labor relations and pension obligationsImpact: HighLikelihood: Medium

    Most employees are covered by collective bargaining agreements and multi-employer plans.

    ExposureWagesBenefitsWork stoppagesContribution increases
  4. Food safety and cybersecurityImpact: HighLikelihood: Medium

    Retail grocery depends on consumer trust and secure handling of customer data.

    ExposureProduct liabilityReputational damageRemediation costs
  5. Geographic concentrationImpact: MediumLikelihood: Medium

    Most stores are in New Jersey and New York, increasing regional sensitivity.

    ExposureLocal economic downturnsWeatherLabor market conditions

Accounting

Judgemental items
Long-lived asset impairment

Store underperformance or adverse industry trends can trigger write-downs.

Impact: Property, equipment, fixtures and operating lease assets

Goodwill and indefinite-lived intangible impairment

Valuation depends on estimates and market multiples, which can change materially.

Impact: Reported earnings and balance sheet carrying values

Wakefern patronage dividends

Income recognition depends on cooperative allocations and related receivables.

Impact: Other income and working capital

Lease accounting

Store leases and replacement-store obligations affect liabilities and expense timing.

Impact: Operating lease assets and liabilities

Equity-method investment in real estate partnership

Village’s 30% interest in the Old Bridge development requires equity accounting.

Impact: Investment balance and earnings from unconsolidated affiliate

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026