Village Super Market

Village Super Market is an American supermarket chain headquartered in Springfield, New Jersey. The company was founded in 1937 and currently operates 30 ShopRite supermarkets in New Jersey, Pennsylvania, and Maryland. Village Super Market is a family-owned business and has been continuously operated by the Sumas family since its founding. The company is known for its focus on customer service and community involvement.

1. Family owned and operated: The Village Super Market company is a family-owned business that has been operating for over 80 years. This gives them a strong sense of community and commitment to their customers.
2. Community involvement: The company is deeply involved in the communities in which it operates. It supports local charities, schools, and organizations and has a strong focus on giving back to the community.
3. Strong customer focus: The company prides itself on providing exceptional customer service and building strong relationships with its customers. It offers personalized services such as online shopping, home delivery, and catering services to meet the diverse needs of its customers.
4. Wide product selection: Village Super Market offers a wide selection of high-quality products, including locally sourced items, organic and natural products, and international foods. It also has its own private label brand, allowing customers to find unique and affordable products.
5. Focus on sustainability: The company is committed to promoting sustainability and reducing its environmental impact. It has implemented numerous initiatives to reduce waste, recycle, and use energy-efficient technologies in its stores.
6. Employee satisfaction: Village Super Market values its employees and has been recognized as a top employer in multiple states. The company offers competitive wages, comprehensive benefits, and opportunities for career advancement and growth.
7. Growth and expansion: Despite being a family-owned business, Village Super Market has grown significantly over the years. It currently operates over 30 supermarkets in three different states and continues to expand its presence in the market.
8. Embracing technology: The company has embraced technology to improve the shopping experience for its customers. It offers various digital services, such as online ordering, curbside pickup, and mobile apps to simplify the shopping process.
9. Emphasis on quality: Village Super Market prioritizes quality in all aspects of its business. This includes the products it sells, the services it offers, and the overall shopping experience for its customers.
10. Strong financial performance: The company has consistently shown strong financial performance, with annual revenues exceeding $1 billion. This reflects its successful business model and strong management practices.

The Village Super Market company operates as a chain of supermarkets and specialty food stores primarily in the Northeastern United States. The company’s business model is based on providing customers with a wide selection of high-quality grocery products at competitive prices. They focus on maintaining clean, well-organized stores with a friendly and knowledgeable staff to provide a pleasant shopping experience for their customers.
Village Super Market operates under various names, such as ShopRite, The Fresh Grocer, and Gourmet Garage, catering to different segments of the market. They also offer online ordering and delivery services to provide convenience to their customers.
In addition to their retail operations, Village Super Market also has a focus on community involvement and supporting local organizations through charitable donations and partnerships. They also prioritize sustainability, implementing environmentally friendly practices throughout their operations.
Overall, the Village Super Market company’s business model is centered around customer satisfaction, competitive pricing, and community engagement.

1. Village Super Market was founded in 1937 by Nicholas and Perry Sumas, two brothers who immigrated to the United States from Greece.
2. The company’s first store was a small grocery store in Springfield, New Jersey, which was called the “Sumas Brothers Market.”
3. The company’s current CEO is Nicholas’s son, James Sumas, who has been with the company for over 40 years.
4. Village Super Market is a publicly traded company, with its stock being listed on the NASDAQ stock exchange under the symbol VLGEA.
5. As of 2021, Village Super Market has over 30 stores across New Jersey, Pennsylvania, and Maryland, under the banners ShopRite, Fresh Grocer, and Gourmet Garage.
6. The company is known for its strong commitment to community involvement and has donated over $1 million annually to local charities and organizations.
7. In 2017, Village Super Market acquired the popular online grocery delivery service, ShopRite from Home, which allows customers to order groceries online and have them delivered to their doorstep.
8. The company is also known for its employee-friendly policies, including profit-sharing, company-funded retirement plans, and scholarships for employees and their dependents.
9. Village Super Market has been recognized for its commitment to sustainability and was named one of the “Greenest Supermarkets in America” by Greenpeace in 2019.
10. The company has won several awards in the supermarket industry, including the “Outstanding Retailer of the Year” award from Progressive Grocer in 2010 and the “Gold Plate Award” from the International Council of Shopping Centers in 2014.
See Company Due Diligence: